Todd A. Adams - Nov 12, 2021 Form 4 Insider Report for Zurn Water Solutions Corp (ZWS)

Role
Chairman, President & CEO, Director
Signature
/s/ Jeffrey J. LaValle under Power of Attorney for Todd A. Adams
Stock symbol
ZWS
Transactions as of
Nov 12, 2021
Transactions value $
-$28,997,666
Form type
4
Date filed
11/15/2021, 04:35 PM
Previous filing
Nov 2, 2021
Next filing
Jan 7, 2022
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 $21.5M +2.22M +164.08% $9.69 3.58M Nov 12, 2021 Direct
transaction ZWS Common Stock Tax liability -$50.5M -1.35M -37.72% $37.46 2.23M Nov 12, 2021 Direct F1
holding ZWS Common Stock 3.9K Nov 12, 2021 By 401(k) Plan F2
holding ZWS Common Stock 1.2K Nov 12, 2021 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
transaction ZWS Stock Option (right to buy) Options Exercise $0 -2.22M -100% $0.00* 0 Nov 12, 2021 Common Stock 2.22M $9.69 Direct F3
holding ZWS Stock Option (right to buy) 440K Nov 12, 2021 Common Stock 440K $11.37 Direct F3
holding ZWS Stock Option (right to buy) 185K Nov 12, 2021 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 Shares were withheld to satisfy the exercise price and tax withholding obligations in connection with the option exercise.
F2 Based on information from the trustee of the 401(k) Plan.
F3 Option fully vested.