Todd A. Adams - Nov 12, 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: Nov 12, 2021
Transactions value $: -$28,997,666
Form type: 4
Date filed: 11/15/2021, 04:35 PM
Previous filing: Nov 2, 2021
Next filing: Jan 7, 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	$21.5M	+2.22M	+164.08%	$9.69	3.58M	Nov 12, 2021	Direct
transaction	ZWS	Common Stock	Tax liability	-$50.5M	-1.35M	-37.72%	$37.46	2.23M	Nov 12, 2021	Direct	F1
holding	ZWS	Common Stock						3.9K	Nov 12, 2021	By 401(k) Plan	F2
holding	ZWS	Common Stock						1.2K	Nov 12, 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
transaction	ZWS	Stock Option (right to buy)	Options Exercise	$0	-2.22M	-100%	$0.00^*	0	Nov 12, 2021	Common Stock	2.22M	$9.69	Direct	F3
holding	ZWS	Stock Option (right to buy)						440K	Nov 12, 2021	Common Stock	440K	$11.37	Direct	F3
holding	ZWS	Stock Option (right to buy)						185K	Nov 12, 2021	Common Stock	185K	$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.