Thomas Christopoul - Oct 5, 2021 Form 4/A - Amendment Insider Report for Zurn Water Solutions Corp (ZWS)

Role
Director
Signature
/s/ Jeffrey J. LaValle under Power of Attorney for Thomas D. Christopoul
Stock symbol
ZWS
Transactions as of
Oct 5, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
10/12/2021, 05:24 PM
Date Of Original Report
Oct 7, 2021
Previous filing
Jul 16, 2021
Next filing
Oct 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZWS Common Stock Award +3.93K +7.7% 55K Oct 5, 2021 Direct F1
transaction ZWS Common Stock Award +29.5K +53.61% 84.5K Oct 7, 2021 Direct F2, 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 ZWS Stock Option (right to buy) Award $0 +12.1K +103.44% $0.00 23.7K Oct 7, 2021 Common Stock 23.7K $9.92 Direct F4, F5
transaction ZWS Stock Option (right to buy) Award $0 +10.7K +103.44% $0.00 21K Oct 7, 2021 Common Stock 21K $14.41 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock unit grant, which vested immediately, but is not paid out until six months after the Reporting Person's cessation of service as a director.
F2 This amendment is being filed to correct an administrative error related to this share number as reported on the original Form 4.
F3 Represents an adjustment of outstanding RSUs pursuant to the terms of the Zurn Water Solutions Corporation Performance Incentive Plan (the "Plan") to reflect the impact of the issuer's spin-off of its PMCbusiness, which closed on October 4, 2021 (the "Spin-Off").
F4 This is a previously-granted and outstanding option. Pursuant to the terms of the Plan, the number and the exercise price of outstanding options under the Plan were adjusted as reflected here to reflect the impact of the Spin-Off.
F5 Option fully vested.