Mark W. Peterson - Oct 29, 2021 Form 4 Insider Report for Zurn Water Solutions Corp (ZWS)

Role
SVP & Chief Financial Officer
Signature
/s/ Jeffrey J. LaValle under Power of Attorney for Mark W. Peterson
Stock symbol
ZWS
Transactions as of
Oct 29, 2021
Transactions value $
$4,228,893
Form type
4
Date filed
11/2/2021, 09:20 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 $8.69M +263K +228.53% $33.05 378K Oct 29, 2021 Direct F1
transaction ZWS Common Stock Sale -$4.46M -124K -32.74% $36.04 254K Oct 29, 2021 Direct F2, F3
holding ZWS Common Stock 3.59K 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) 33.5K Oct 29, 2021 Common Stock 33.5K $33.05 Direct F5
holding ZWS Stock Option (right to buy) 200K Oct 29, 2021 Common Stock 200K $9.69 Direct F6
holding ZWS Stock Option (right to buy) 119K Oct 29, 2021 Common Stock 119K $11.37 Direct F6
holding ZWS Stock Option (right to buy) 46.8K Oct 29, 2021 Common Stock 46.8K $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.