Todd A. Adams - 12 Nov 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
Issuer symbol
ZWS
Transactions as of
12 Nov 2021
Net transactions value
-$28,997,666
Form type
4
Filing time
15 Nov 2021, 16:35:52 UTC
Previous filing
02 Nov 2021
Next filing
07 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 Options Exercise $21,528,457 +2,221,719 +164% $9.69 3,575,754 12 Nov 2021 Direct
transaction ZWS Common Stock Tax liability $50,526,123 -1,348,802 -38% $37.46 2,226,952 12 Nov 2021 Direct F1
holding ZWS Common Stock 3,902 12 Nov 2021 By 401(k) Plan F2
holding ZWS Common Stock 1,200 12 Nov 2021 By SEP IRA

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
transaction ZWS Stock Option (right to buy) Options Exercise $0 -2,221,719 -100% $0.000000* 0 12 Nov 2021 Common Stock 2,221,719 $9.69 Direct F3
holding ZWS Stock Option (right to buy) 439,545 12 Nov 2021 Common Stock 439,545 $11.37 Direct F3
holding ZWS Stock Option (right to buy) 184,733 12 Nov 2021 Common Stock 184,733 $14.22 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were withheld to satisfy the exercise price and tax withholding obligations in connection with the option exercise.
F2 Based on information from the trustee of the 401(k) Plan.
F3 Option fully vested.