Craig Wehr - May 25, 2021 Form 4 Insider Report for Rexnord Corp (ZWS)

Role
Group Ex., President-Zurn
Signature
/s/ Jeffrey J. LaValle under Power of Attorney for Craig G. Wehr
Stock symbol
ZWS
Transactions as of
May 25, 2021
Transactions value $
-$257,759
Form type
4
Date filed
5/27/2021, 08:40 PM
Previous filing
May 18, 2021
Next filing
Oct 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZWS Common Stock Award +11.2K +44.66% 36.4K May 25, 2021 Direct F1
transaction ZWS Common Stock Sale -$258K -5.16K -14.16% $50.00 31.3K May 25, 2021 Direct F2, F3
holding ZWS Common Stock 388 May 25, 2021 By 401(k) Plan F4

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) 27.1K May 25, 2021 Common Stock 27.1K $29.31 Direct F5
holding ZWS Stock Option (right to buy) 30.7K May 25, 2021 Common Stock 30.7K $25.77 Direct F5
holding ZWS Stock Option (right to buy) 46.4K May 25, 2021 Common Stock 46.4K $19.70 Direct F5
holding ZWS Stock Option (right to buy) 20.1K May 25, 2021 Common Stock 20.1K $23.13 Direct F5
holding ZWS Stock Option (right to buy) 7.66K May 25, 2021 Common Stock 7.66K $28.91 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on Rexnord Corporation's performance during the three-year performance period (April 1, 2018 - March 31, 2021), performance stock units vested.
F2 Shares were sold to satisfy tax withholding obligations and related fees in connection with the vesting of restricted stock units and performance stock units.
F3 This transaction was executed in multiple trades at prices ranging from $49.72 to $50.71. 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.
F4 Based on information from the trustee of the 401(k) Plan.
F5 Option fully vested.