Todd A. Adams - Oct 29, 2021 Form 4 Insider Report for Zurn Water Solutions Corp (ZWS)

Role: Chairman, President & CEO, Director
Signature: /s/ Jeffrey J. LaValle under Power of Attorney for Todd A. Adams
Stock symbol: ZWS
Transactions as of: Oct 29, 2021
Transactions value $: $22,031,707
Form type: 4
Date filed: 11/2/2021, 09:18 PM
Previous filing: Oct 7, 2021
Next filing: Nov 15, 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	$45.3M	+1.37M	+217.65%	$33.05	2M	Oct 29, 2021	Direct	F1
transaction	ZWS	Common Stock	Sale	-$23.2M	-644K	-32.25%	$36.04	1.35M	Oct 29, 2021	Direct	F2, F3
holding	ZWS	Common Stock						3.9K	Oct 29, 2021	By 401(k) Plan	F4
holding	ZWS	Common Stock						1.2K	Oct 29, 2021	By SEP IRA

Showing 1 to 4 of 4 entries

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)						2.22M	Oct 29, 2021	Common Stock	2.22M	$9.69	Direct	F5
holding	ZWS	Stock Option (right to buy)						440K	Oct 29, 2021	Common Stock	440K	$11.37	Direct	F5
holding	ZWS	Stock Option (right to buy)						185K	Oct 29, 2021	Common Stock	185K	$14.22	Direct	F5

* 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	Sale of shares 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	Option fully vested.