Craig G. Wehr - 29 Oct 2021 Form 4 Insider Report for Zurn Water Solutions Corp (ZWS)

Role
Group Ex., President-Zurn
Signature
/s/ Jeffrey J. LaValle under Power of Attorney for Craig G. Wehr
Issuer symbol
ZWS
Transactions as of
29 Oct 2021
Net transactions value
+$1,068,307
Form type
4
Filing time
02 Nov 2021, 21:19:18 UTC
Previous filing
07 Oct 2021
Next filing
04 Jan 2022
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 $3,612,431 +109,302 +201% $33.05 163,603 29 Oct 2021 Direct F1
transaction ZWS Common Stock Sale $2,544,125 -70,596 -43% $36.04 93,007 29 Oct 2021 Direct F2, F3
holding ZWS Common Stock 386 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) 22,320 29 Oct 2021 Common Stock 22,320 $33.05 Direct F5
holding ZWS Stock Option (right to buy) 55,133 29 Oct 2021 Common Stock 55,133 $14.41 Direct F6
holding ZWS Stock Option (right to buy) 62,461 29 Oct 2021 Common Stock 62,461 $12.67 Direct F6
holding ZWS Stock Option (right to buy) 94,423 29 Oct 2021 Common Stock 94,423 $9.69 Direct F6
holding ZWS Stock Option (right to buy) 40,815 29 Oct 2021 Common Stock 40,815 $11.37 Direct F6
holding ZWS Stock Option (right to buy) 15,592 29 Oct 2021 Common Stock 15,592 $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 first anniversary of the grant which was made on October 5, 2021.
F6 Option fully vested.