TODD A. ADAMS - 07 Dec 2023 Form 4 Insider Report for Zurn Elkay Water Solutions Corp (ZWS)

Role
Chairman, President & CEO, Director
Signature
/s/ Jeffrey J. LaValle under Power of Attorney for Todd A. Adams
Issuer symbol
ZWS
Transactions as of
07 Dec 2023
Transactions value $
$0
Form type
4
Filing time
08 Dec 2023, 16:52:12 UTC
Previous filing
20 Nov 2023
Next filing
02 Jan 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 Gift $0 +373K +23.56% $0.00 1.96M 07 Dec 2023 Direct F1
transaction ZWS Common Stock Gift $0 -373K -100% $0.00* 0 07 Dec 2023 By grantor retained annuity trust F1
holding ZWS Common Stock 4.87K 07 Dec 2023 By 401(k) Plan F2
holding ZWS Common Stock 1.2K 07 Dec 2023 By SEP IRA

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
holding ZWS Stock Option (right to buy) 440K 07 Dec 2023 Common Stock 440K $11.37 Direct F3
holding ZWS Stock Option (right to buy) 185K 07 Dec 2023 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 As previously reported, on December 9, 2021, the Reporting Person transferred shares of common stock to a grantor retained annuity trust (GRAT) as part of an estate planning strategy. The Reporting Person's spouse serves as trustee of the GRAT. On December 7, 2023, under the terms of the GRAT, the shares indicated above were returned to the Reporting Person as an annuity payment.
F2 Based on information from the trustee of the 401(k) Plan.
F3 Option fully vested.