Form 4 for ZWS Zurn Elkay Water Solutions Corp

Accepted 2021-10-07 00:00:00 ET · period of report 2021-10-05 · accession 0001104659-21-124317 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
DM	2021-10-07	2021-10-05+	ZWS	CHRISTOPOUL THOMAS	Dir	A - Grant	—	+61.9K	55.0K	New	—
DM	2021-10-07	2021-10-07	ZWS	CHRISTOPOUL THOMAS	Dir	A - Grant	$0.00	+22.7K	23.7K	+2,315%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2021-10-07	A	A	58,007	—	113,020	D	—	—	(F2) Represents an adjustment of outstanding RSUs pursuant to the terms of the Zurn Water Solutions Corporation Performance Incentive Plan (the "Plan") to reflect the impact of the issuer's spin-off of its PMC business, which closed on October 4, 2021 (the "Spin-Off").
2	Common	Common Stock	2021-10-05	A	A	3,934	—	55,013	D	—	—	(F1) Restricted stock unit grant, which vested immediately, but is not paid out until six months after the Reporting Person's cessation of service as a director.
3	Derivative	Stock Option (right to buy)	2021-10-07	A	A	10,675	$0.00	20,995	D	$14.41 · — to 2024-09-03	20,995 Common Stock	(F3) This is a previously-granted and outstanding option. Pursuant to the terms of the Plan, the number and the exercise price of outstanding options under the Plan were adjusted as reflected here to reflect the impact of the Spin-Off. (F4) Option fully vested.
4	Derivative	Stock Option (right to buy)	2021-10-07	A	A	12,058	$0.00	23,715	D	$9.92 · — to 2023-02-26	23,715 Common Stock	(F3) This is a previously-granted and outstanding option. Pursuant to the terms of the Plan, the number and the exercise price of outstanding options under the Plan were adjusted as reflected here to reflect the impact of the Spin-Off. (F4) Option fully vested.