MICHAEL T. TOKARZ - 12 Sep 2023 Form 4 Insider Report for Mueller Water Products, Inc. (MWA)

Role: Director
Signature: /s/ Barbara A. Smucygz, Attorney-in-Fact
Issuer symbol: MWA
Transactions as of: 12 Sep 2023
Transactions value $: $16,904
Form type: 4
Filing time: 15 Sep 2023, 07:17:45 UTC
Previous filing: 23 Aug 2023
Next filing: 22 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MWA	Common Stock	Options Exercise	$108K	+10.8K	+2.8%	$9.97	396K	12 Sep 2023	Direct
transaction	MWA	Common Stock	Options Exercise	$82.8K	+9.66K	+2.44%	$8.58	406K	12 Sep 2023	Direct
transaction	MWA	Common Stock	Sale	-$65.4K	-5K	-1.23%	$13.08	401K	12 Sep 2023	Direct	F1
transaction	MWA	Common Stock	Sale	-$108K	-8.27K	-2.06%	$13.08	393K	12 Sep 2023	Direct	F1

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	MWA	Stock Option (Right to Buy)	Options Exercise	$0	-10.8K	-100%	$0.00^*	0	12 Sep 2023	Common Stock	10.8K	$9.97	Direct	F2
transaction	MWA	Stock Option (Right to Buy)	Options Exercise	$0	-9.66K	-100%	$0.00^*	0	12 Sep 2023	Common Stock	9.66K	$8.58	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $13.0701 to $13.095, inclusive. The reporting person undertakes to provide to Mueller Water Products, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2	The stock options vested in three equal annual installments beginning on the first anniversary of the grant date.

Content

The price reported in Column 4 is an average price. These shares were sold in multiple transactions at prices ranging from $13.0701 to $13.095, inclusive. The reporting person undertakes to provide to Mueller Water Products, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

The stock options vested in three equal annual installments beginning on the first anniversary of the grant date.