Sudhanshu Chhabra - Oct 29, 2021 Form 4 Insider Report for Zurn Water Solutions Corp (ZWS)

Role
VP-Zurn Business Systems
Signature
/s/ Jeffrey J. LaValle under Power of Attorney for Sudhanshu Chhabra
Stock symbol
ZWS
Transactions as of
Oct 29, 2021
Transactions value $
$1,292,502
Form type
4
Date filed
11/2/2021, 09:18 PM
Previous filing
Oct 7, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZWS Common Stock Award $1.99M +60.1K +167.97% $33.05 95.9K Oct 29, 2021 Direct F1
transaction ZWS Common Stock Sale -$694K -19.3K -20.09% $36.04 76.6K Oct 29, 2021 Direct F2, F3
holding ZWS Common Stock 452 Oct 29, 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) 5.02K Oct 29, 2021 Common Stock 5.02K $33.05 Direct F5, F6
holding ZWS Stock Option (right to buy) 52.9K Oct 29, 2021 Common Stock 52.9K $12.67 Direct F7
holding ZWS Stock Option (right to buy) 77.8K Oct 29, 2021 Common Stock 77.8K $9.69 Direct F7
holding ZWS Stock Option (right to buy) 37.7K Oct 29, 2021 Common Stock 37.7K $11.37 Direct F7
holding ZWS Stock Option (right to buy) 14.4K Oct 29, 2021 Common Stock 14.4K $14.22 Direct F7
* 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 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 This amendment is being filed to correct an administrative error related to this share number as reported on the original Form 4.
F7 Option fully vested.