Mark W. Peterson - Jul 31, 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
Stock symbol
ZWS
Transactions as of
Jul 31, 2023
Transactions value $
-$1,819,016
Form type
4
Date filed
8/2/2023, 05:43 PM
Previous filing
Feb 14, 2023
Next filing
Oct 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZWS Common Stock Options Exercise $1.94M +200K +77.41% $9.69 458K Jul 31, 2023 Direct
transaction ZWS Common Stock Tax liability -$3.76M -123K -26.93% $30.44 335K Jul 31, 2023 Direct F1
holding ZWS Common Stock 4.53K Jul 31, 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 -200K -100% $0.00* 0 Jul 31, 2023 Common Stock 200K $9.69 Direct F3
holding ZWS Stock Option (right to buy) 119K Jul 31, 2023 Common Stock 119K $11.37 Direct F3
holding ZWS Stock Option (right to buy) 46.8K Jul 31, 2023 Common Stock 46.8K $14.22 Direct F3
holding ZWS Stock Option (right to buy) 33.5K Jul 31, 2023 Common Stock 33.5K $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.