Chason A. Carroll - Nov 29, 2024 Form 4 Insider Report for Mueller Water Products, Inc. (MWA)

Role
SVP, General Counsel_Corp Sec
Signature
/s/ Barbara A. Smucygz, Attorney-in-Fact
Stock symbol
MWA
Transactions as of
Nov 29, 2024
Transactions value $
-$119,666
Form type
4
Date filed
12/3/2024, 06:24 PM
Previous filing
Aug 28, 2024
Next filing
Dec 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MWA Common Stock Options Exercise $0 +3.71K +26.33% $0.00 17.8K Nov 29, 2024 Direct F1
transaction MWA Common Stock Tax liability -$26.8K -1.07K -6.03% $25.04 16.7K Nov 29, 2024 Direct F2
transaction MWA Common Stock Disposed to Issuer -$92.8K -3.71K -22.18% $25.04 13K Nov 29, 2024 Direct F3

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 -3.71K -50% $0.00 3.71K Nov 29, 2024 Common Stock 3.71K Direct F4, F5, F6
* 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 Shares were withheld to cover the tax liability on the lapse of the restrictions on restricted stock units.
F3 Includes 7,120.90 shares acquired under the Mueller Water Products, Inc. Employee Stock Purchase Plan.
F4 Phantom stock granted on November 29, 2022 pursuant to the Mueller Water Products, Inc. Phantom Plan.
F5 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.
F6 Phantom stock awards vest annually, on a pro-rata basis, over a 3-year period. The first tranche of the award (3,707 shares) vested on November 29, 2023; the second tranche (3,707 shares) vested on November 29, 2024; and the third tranche (3,707 shares) will vest on November 29, 2025.