Mark W. Peterson - 31 Jul 2023 Form 4 Insider Report for Zurn Elkay Water Solutions Corp (ZWS)

Role
SVP & Chief Financial Officer
Signature
/s/ Jeffrey J. LaValle under Power of Attorney for Mark W. Peterson
Issuer symbol
ZWS
Transactions as of
31 Jul 2023
Net transactions value
-$1,819,016
Form type
4
Filing time
02 Aug 2023, 17:43:41 UTC
Previous filing
14 Feb 2023
Next filing
10 Oct 2023
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 $1,937,554 +199,954 +77% $9.69 458,259 31 Jul 2023 Direct
transaction ZWS Common Stock Tax liability $3,756,570 -123,409 -27% $30.44 334,850 31 Jul 2023 Direct F1
holding ZWS Common Stock 4,529 31 Jul 2023 By 401(k) Plan F2

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 -199,954 -100% $0.000000* 0 31 Jul 2023 Common Stock 199,954 $9.69 Direct F3
holding ZWS Stock Option (right to buy) 119,304 31 Jul 2023 Common Stock 119,304 $11.37 Direct F3
holding ZWS Stock Option (right to buy) 46,780 31 Jul 2023 Common Stock 46,780 $14.22 Direct F3
holding ZWS Stock Option (right to buy) 33,481 31 Jul 2023 Common Stock 33,481 $33.05 Direct F4
* 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.
F4 The original option vests in three annual installments beginning on October 5, 2022.