Craig Wehr - Nov 2, 2023 Form 4 Insider Report for Zurn Elkay Water Solutions Corp (ZWS)

Role
Group Ex., President-Zurn
Signature
/s/ Jeffrey J. LaValle under Power of Attorney for Craig G. Wehr
Stock symbol
ZWS
Transactions as of
Nov 2, 2023
Transactions value $
-$754,087
Form type
4
Date filed
11/3/2023, 05:04 PM
Previous 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 $794K +55.1K +67.31% $14.41 137K Nov 2, 2023 Direct
transaction ZWS Common Stock Sale -$1.55M -55.1K -40.23% $28.09 81.9K Nov 2, 2023 Direct F1
holding ZWS Common Stock 1.23K Nov 2, 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 -55.1K -100% $0.00* 0 Nov 2, 2023 Common Stock 55.1K $14.41 Direct F3
holding ZWS Stock Option (right to buy) 94.4K Nov 2, 2023 Common Stock 94.4K $9.69 Direct F3
holding ZWS Stock Option (right to buy) 62.5K Nov 2, 2023 Common Stock 62.5K $12.67 Direct F3
holding ZWS Stock Option (right to buy) 40.8K Nov 2, 2023 Common Stock 40.8K $11.37 Direct F3
holding ZWS Stock Option (right to buy) 15.6K Nov 2, 2023 Common Stock 15.6K $14.22 Direct F3
holding ZWS Stock Option (right to buy) 22.3K Nov 2, 2023 Common Stock 22.3K $33.05 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $28.00 to $28.19. 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.
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.