Michael Troutman - 17 Nov 2023 Form 4 Insider Report for Zurn Elkay Water Solutions Corp (ZWS)

Role
Chief Information Officer
Signature
/s/ Jeffrey J. LaValle under Power of Attorney for Michael Troutman
Issuer symbol
ZWS
Transactions as of
17 Nov 2023
Net transactions value
-$538,330
Form type
4
Filing time
20 Nov 2023, 17:07:01 UTC
Previous filing
10 Oct 2023
Next filing
13 Feb 2024
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 $505,532 +35,082 +110% $14.41 67,090 17 Nov 2023 Direct
transaction ZWS Common Stock Sale $1,043,861 -35,082 -52% $29.75 32,008 17 Nov 2023 Direct F1
holding ZWS Common Stock 1,148 17 Nov 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 -35,082 -100% $0.000000* 0 17 Nov 2023 Common Stock 35,082 $14.41 Direct F3
holding ZWS Stock Option (right to buy) 52,851 17 Nov 2023 Common Stock 52,851 $12.67 Direct F3
holding ZWS Stock Option (right to buy) 78,871 17 Nov 2023 Common Stock 78,871 $9.69 Direct F3
holding ZWS Stock Option (right to buy) 37,676 17 Nov 2023 Common Stock 37,676 $11.37 Direct F3
holding ZWS Stock Option (right to buy) 15,116 17 Nov 2023 Common Stock 15,116 $14.22 Direct F3
holding ZWS Stock Option (right to buy) 7,253 17 Nov 2023 Common Stock 7,253 $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 $29.55 to $30.06. 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.