Chason A. Carroll - Dec 2, 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
Dec 2, 2024
Transactions value $
-$75,563
Form type
4
Date filed
12/4/2024, 08:40 PM
Previous filing
Dec 3, 2024
Next filing
Dec 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MWA Common Stock Options Exercise $0 +2.95K +22.71% $0.00 16K Dec 2, 2024 Direct F1, F2
transaction MWA Common Stock Disposed to Issuer -$75.6K -2.95K -18.51% $25.58 13K Dec 2, 2024 Direct F1, 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 -2.95K -100% $0.00 0 Dec 2, 2024 Common Stock 2.95K Direct F1, F2, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom stock awards vest on a pro-rata basis on each of the first three anniversaries of the date of grant. Because the third anniversary of the grant date fell on a Saturday, the transaction was processed on Monday, December 2, 2024.
F2 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.
F3 Includes 7,120.90 shares acquired under the Mueller Water Products, Inc. Employee Stock Purchase Plan.
F4 Phantom stock granted on November 30, 2021 pursuant to the Mueller Water Products, Inc. Phantom Plan.
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 and the second tranche (2,953 shares) vested on November 30, 2023. Since the third anniversary of the date of grant was on Saturday, November 30, 2024, the vesting of the third tranche (2,954 shares) ocurred on Monday, December 2, 2024, the next business day.