Sherrese Clarke - May 24, 2023 Form 4 Insider Report for Evoqua Water Technologies Corp. (AQUA)

Role
Director
Signature
/s/ John DiMascio, Attorney-in-Fact for Sherrese Clarke Soares
Stock symbol
AQUA
Transactions as of
May 24, 2023
Transactions value $
$0
Form type
4
Date filed
5/26/2023, 04:44 PM
Previous filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AQUA Common Stock Disposed to Issuer -5.95K -100% 0 May 24, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Sherrese Clarke is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of pursuant to the merger agreement among Xylem Inc., Fore Merger Sub, Inc. and the issuer, dated as of Jan. 22, 2023. Upon effectiveness of the merger on May 24, 2023, (i) each issued and outstanding share of issuer common stock was exchanged for 0.48 Xylem common shares, with cash paid in lieu of fractional shares, and (ii) unvested restricted stock units ("RSUs") were converted into RSUs for Xylem common shares, by multiplying the number of shares of issuer common stock underlying the award and 0.48, rounded down to the nearest whole share.