Sudhanshu Chhabra - 17 May 2021 Form 4 Insider Report for Rexnord Corp (ZWS)

Role
VP-Rexnord Business Systems
Signature
/s/ Jeffrey J. LaValle under Power of Attorney for Sudhanshu Chhabra
Issuer symbol
ZWS
Transactions as of
17 May 2021
Net transactions value
-$23,656
Form type
4
Filing time
18 May 2021, 16:38:17 UTC
Next filing
27 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZWS Common Stock Sale $23,656 -467 -2.2% $50.65 20,862 17 May 2021 Direct F1, F2
holding ZWS Common Stock 382 17 May 2021 By 401(k) Plan 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
holding ZWS Stock Option (right to buy) 50,280 17 May 2021 Common Stock 50,280 $28.60 Direct F4
holding ZWS Stock Option (right to buy) 25,978 17 May 2021 Common Stock 25,978 $25.77 Direct F4
holding ZWS Stock Option (right to buy) 38,222 17 May 2021 Common Stock 38,222 $19.70 Direct F4
holding ZWS Stock Option (right to buy) 18,519 17 May 2021 Common Stock 18,519 $23.13 Direct F4
holding ZWS Stock Option (right to buy) 7,074 17 May 2021 Common Stock 7,074 $28.91 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold to satisfy tax withholding obligations and related fees in connection with the vesting of restricted stock units.
F2 This transaction was executed in multiple trades at prices ranging from $50.64 to $50.66. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated.
F3 Based on information from the trustee of the 401(k) Plan.
F4 Option fully vested.
F5 The original option vests in three annual installments beginning on the date listed above.