Chason A. Carroll - Nov 30, 2023 Form 4 Insider Report for Mueller Water Products, Inc. (MWA)

Role
VP, General Counsel & Corp Sec
Signature
/s/ Barbara A. Smucygz, Attorney-in-Fact
Stock symbol
MWA
Transactions as of
Nov 30, 2023
Transactions value $
-$39,245
Form type
4
Date filed
12/4/2023, 08:55 PM
Previous filing
Dec 1, 2023
Next filing
Dec 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MWA Common Stock Options Exercise $0 +2.95K +30.33% $0.00 12.7K Nov 30, 2023 Direct F1
transaction MWA Common Stock Disposed to Issuer -$39.2K -2.95K -23.27% $13.29 9.74K Nov 30, 2023 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 -2.95K -49.99% $0.00 2.95K Nov 30, 2023 Common Stock 2.95K 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 6,430.57 shares acquired under the Mueller Water Products, Inc. Employee Stock Purchase Plan.
F3 Phantom stock granted on November 30, 2021 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 (2,954 shares) vested on November 30, 2022; the second tranche (2,953 shares) vested on November 30, 2023; and the third tranche (2,954 shares) will vest on November 30, 2024.