Chason A. Carroll - 04 Dec 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
Issuer symbol
MWA
Transactions as of
04 Dec 2023
Net transactions value
-$44,361
Form type
4
Filing time
06 Dec 2023, 19:11:36 UTC
Previous filing
04 Dec 2023
Next filing
28 Aug 2024
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 +3,238 +33% $0.000000 12,974 04 Dec 2023 Direct F1
transaction MWA Common Stock Disposed to Issuer $44,361 -3,238 -25% $13.70 9,736 04 Dec 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 -3,238 -100% $0.000000* 0 04 Dec 2023 Common Stock 3,238 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 December 2, 2020 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 (3,239 shares) vested on December 2, 2021; the second tranche (3,238 shares) vested on December 2, 2022; and the third tranche (3,238 shares) vested on December 4, 2023.