Michael Troutman - 29 Oct 2021 Form 4 Insider Report for Zurn Water Solutions Corp (ZWS)

Role
Chief Information Officer
Signature
/s/ Jeffrey J. LaValle under Power of Attorney for Michael Troutman
Issuer symbol
ZWS
Transactions as of
29 Oct 2021
Net transactions value
+$1,056,173
Form type
4
Filing time
02 Nov 2021, 21:17:54 UTC
Previous filing
07 Oct 2021
Next filing
15 Nov 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 Award $2,169,633 +65,647 +204% $33.05 97,838 29 Oct 2021 Direct F1
transaction ZWS Common Stock Sale $1,113,460 -30,897 -32% $36.04 66,941 29 Oct 2021 Direct F2, F3
holding ZWS Common Stock 371 29 Oct 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) 7,253 29 Oct 2021 Common Stock 7,253 $33.05 Direct F5
holding ZWS Stock Option (right to buy) 35,582 29 Oct 2021 Common Stock 35,582 $14.41 Direct F6
holding ZWS Stock Option (right to buy) 52,851 29 Oct 2021 Common Stock 52,851 $12.67 Direct F6
holding ZWS Stock Option (right to buy) 78,871 29 Oct 2021 Common Stock 78,871 $9.69 Direct F6
holding ZWS Stock Option (right to buy) 37,676 29 Oct 2021 Common Stock 37,676 $11.37 Direct F6
holding ZWS Stock Option (right to buy) 15,116 29 Oct 2021 Common Stock 15,116 $14.22 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquisition of shares for no consideration upon the vesting of performance stock units, based on Zurn Water Solutions Corporation's performance during performance periods ended September 30, 2021.
F2 Shares were sold to satisfy tax withholding obligations and related fees in connection with the vesting of performance stock units.
F3 This transaction was executed in multiple trades at prices ranging from $35.23 to $36.64. 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 The original option vests in three annual installments beginning on the first anniversary of the grant made on October 5, 2021.
F6 Option fully vested.