Ice Mountain LLC - 09 Mar 2023 Form 4 Insider Report for Zurn Elkay Water Solutions Corp (ZWS)

Role
10%+ Owner
Signature
/s/ John Thickens, Senior Vice President of Northern Trust Company on behalf of Ice Mountain LLC
Issuer symbol
ZWS
Transactions as of
09 Mar 2023
Net transactions value
-$3,212,519
Form type
4
Filing time
09 Apr 2024, 19:33:41 UTC
Previous filing
13 Jul 2022
Next filing
15 Apr 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZWS Common Stock Award +277,092 +1.1% 25,048,932 09 Mar 2023 Direct F1, F2
transaction ZWS Common Stock Sale $1,614,535 -50,172 -0.2% $32.18 24,998,760 05 Apr 2024 Direct F2, F3
transaction ZWS Common Stock Sale $1,597,984 -49,828 -0.2% $32.07 24,948,932 08 Apr 2024 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Escrow share deposit release from working capital adjustment pursuant to Issuer's merger with Elkay Manufacturing Company on July 1, 2022. (Due to an administrative error, this is being reported currently).
F2 Shares of Common Stock are directly held by Ice Mountain LLC ("Ice Mountain"). Cascade Bay LLC ("Cascade Bay") is the manager and sole Class A Member of Ice Mountain. The Katz 2004 DYN Trust ("DYN") is the Special Assets Manager of Cascade Bay. DYN and Cascade Bay may be deemed to beneficially own the shares of Common Stock directly held by Ice Mountain.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.15 to $32.33, inclusive. The reporting person undertakes to provide to Zurn Elkay Water Solutions Corp, any security holder of Zurn Elkay Water Solutions Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.36, inclusive. The reporting person undertakes to provide to Zurn Elkay Water Solutions Corp, any security holder of Zurn Elkay Water Solutions Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.