Form 4 for ZWS Zurn Elkay Water Solutions Corp
Accepted 2021-10-07 00:00:00 ET · period of report 2021-10-05 · accession 0001104659-21-124324 · 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 | Wehr Craig | Group Ex, Pres-Zurn | A - Grant | — | +23.0K | 54.3K | +74% | — |
| DM | 2021-10-07 | 2021-10-05+ | ZWS | Wehr Craig | Group Ex, Pres-Zurn | A - Grant | $0.00 | +158.8K | 55.1K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-10-05 | A | A | 7,565 | — | 38,827 | D | — | — | (F1) Restricted stock unit grant, which vests in three annual installments beginning on the first anniversary of the grant date, assuming continued employment. |
| 2 | Common | Common Stock | 2021-10-07 | A | A | 15,474 | — | 54,301 | 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"). |
| 3 | Derivative | Stock Option (right to buy) | 2021-10-05 | A | A | 22,320 | $0.00 | 22,320 | D | $33.05 · — to 2031-10-05 | 22,320 Common Stock | (F6) The original option vests in three annual installments beginning on the date listed above. |
| 4 | Derivative | Stock Option (right to buy) | 2021-10-07 | A | A | 7,928 | $0.00 | 15,592 | D | $14.22 · — to 2028-05-25 | 15,592 Common Stock | (F4) 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. (F5) Option fully vested. |
| 5 | Derivative | Stock Option (right to buy) | 2021-10-07 | A | A | 20,753 | $0.00 | 40,815 | D | $11.37 · — to 2027-05-19 | 40,815 Common Stock | (F4) 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. (F5) Option fully vested. |
| 6 | Derivative | Stock Option (right to buy) | 2021-10-07 | A | A | 48,011 | $0.00 | 94,423 | D | $9.69 · — to 2026-05-20 | 94,423 Common Stock | (F4) 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. (F5) Option fully vested. |
| 7 | Derivative | Stock Option (right to buy) | 2021-10-07 | A | A | 31,759 | $0.00 | 62,461 | D | $12.67 · — to 2025-05-22 | 62,461 Common Stock | (F4) 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. (F5) Option fully vested. |
| 8 | Derivative | Stock Option (right to buy) | 2021-10-07 | A | A | 28,033 | $0.00 | 55,133 | D | $14.41 · — to 2024-09-03 | 55,133 Common Stock | (F4) 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. (F5) Option fully vested. |