Scott P. Floyd - 27 Nov 2021 Form 4 Insider Report for Mueller Water Products, Inc. (MWA)

Role: SVP and General Manager
Signature: /s/ Barbara A. Smucygz, Attorney-in-Fact
Issuer symbol: MWA
Transactions as of: 27 Nov 2021
Net transactions value: -$18,211
Form type: 4
Filing time: 29 Nov 2021, 20:56:40 UTC
Previous filing: 30 Sep 2022
Next filing: 02 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MWA	Common Stock	Options Exercise	$0	+1,298	+9%	$0.000000	15,641	27 Nov 2021	Direct	F1
transaction	MWA	Common Stock	Disposed to Issuer	$18,211	-1,298	-8.3%	$14.03	14,343	27 Nov 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MWA	Phantom Stock	Options Exercise	$0	-1,298	-100%	$0.000000^*	0	27 Nov 2021	Common Stock	1,298		Direct	F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each share of phantom stock is the economic equivalent of one share of Mueller Water Products, Inc. common stock on the vesting date. Shares of phantom stock are settled solely in cash upon vesting.
F2	Includes 8,813.63 shares acquired under the Mueller Water Products, Inc. Employee Stock Purchase Plan.
F3	Phantom stock granted on November 27, 2018 pursuant to the Mueller Water Products, Inc. Phantom Plan.
F4	Each share of phantom stock is the economic equivalent of one share of Mueller Water Products, Inc. common stock on the vesting date. Shares of phantom stock will be settled solely in cash upon vesting.
F5	Phantom stock awards vest annually, on a pro-rata basis, over a 3-year period. The first tranche of the award (1,298 shares) vested on November 27, 2019; the second tranche (1,298 shares) vested on November 27, 2020; and the third tranche (1,298 shares) vested on November 27, 2021.