Marietta Edmunds Zakas - Nov 28, 2023 Form 4 Insider Report for Mueller Water Products, Inc. (MWA)

Role: President and CEO, Director
Signature: /s/ Barbara A. Smucygz, Attorney-in-Fact
Stock symbol: MWA
Transactions as of: Nov 28, 2023
Transactions value $: $0
Form type: 4
Date filed: 11/30/2023, 09:09 PM
Previous filing: Sep 5, 2023
Next filing: Dec 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MWA	Common Stock	Award	$0	+14K	+3.23%	$0.00	447K	Nov 28, 2023	Direct	F1, F2
transaction	MWA	Restricted Stock Unit	Award	$0	+56.7K	+182.19%	$0.00	87.8K	Nov 28, 2023	Direct	F3
holding	MWA	Common Stock						28.1K	Nov 28, 2023	By Spouse	F4

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	Stock Option (Right to Buy)	Award	$0	+189K		$0.00	189K	Nov 28, 2023	Common Stock	189K	$13.22	Direct	F5

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

Explanation of Responses:

Id	Content
F1	Acquisition is pursuant to grant of performance-based restricted stock units under the Mueller Water Products, Inc. Amended and Restated 2006 Stock Incentive Plan. Units earned based on the Company's rTSR performance during a three-year performance period that vested on the last day of the three-year award cycle. Excludes shares required to be withheld for tax liabilities.
F2	Includes 1,835.78 shares acquired under the Mueller Water Products, Inc. Employee Stock Purchase Plan.
F3	Acquisition is pursuant to grant of restricted stock units under the Mueller Water Products, Inc. Second Amended and Restated 2006 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one (1) share of Mueller Water Products, Inc. Common Stock when the restrictions lapse. The lapse occurs in three (3) equal, annual installments beginning on the first anniversary of the grant date.
F4	Shares acquired by reporting person's spouse through retirement plan.
F5	The stock options will vest in three (3) equal, annual installments on the anniversary of the grant date.