Form 4 for ZWS Zurn Elkay Water Solutions Corp
Accepted 2024-04-09 00:00:00 ET · period of report 2023-03-09 · accession 0001104659-24-045327 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-04-09 | 2024-04-05+ | ZWS | Katz 2004 DYN Trust | 10% | S - Sale | $32.13 | -100.0K | 25.00M | -0.4% | -$3.21M |
| 2024-04-09 | 2023-03-09 | ZWS | Katz 2004 DYN Trust | 10% | A - Grant | — | +277.1K | 25.05M | +1% | — |
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 | 2024-04-08 | S | D | 49,828 | $32.07 | 24,948,932 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.36, inclusive. The reporting person undertakes to provide to Zurn Elkay Water Solutions Corp, any security holder of Zurn Elkay Water Solutions Corp, 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 footnote (4) to this Form 4. (F2) Shares of Common Stock are directly held by Ice Mountain LLC ("Ice Mountain"). Cascade Bay LLC ("Cascade Bay") is the manager and sole Class A Member of Ice Mountain. The Katz 2004 DYN Trust ("DYN") is the Special Assets Manager of Cascade Bay. DYN and Cascade Bay may be deemed to beneficially own the shares of Common Stock directly held by Ice Mountain. |
| 2 | Common | Common Stock | 2023-03-09 | A | A | 277,092 | — | 25,048,932 | D | — | — | (F1) Escrow share deposit release from working capital adjustment pursuant to Issuer's merger with Elkay Manufacturing Company on July 1, 2022. (Due to an administrative error, this is being reported currently). (F2) Shares of Common Stock are directly held by Ice Mountain LLC ("Ice Mountain"). Cascade Bay LLC ("Cascade Bay") is the manager and sole Class A Member of Ice Mountain. The Katz 2004 DYN Trust ("DYN") is the Special Assets Manager of Cascade Bay. DYN and Cascade Bay may be deemed to beneficially own the shares of Common Stock directly held by Ice Mountain. |
| 3 | Common | Common Stock | 2024-04-05 | S | D | 50,172 | $32.18 | 24,998,760 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.15 to $32.33, inclusive. The reporting person undertakes to provide to Zurn Elkay Water Solutions Corp, any security holder of Zurn Elkay Water Solutions Corp, 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 footnote (3) to this Form 4. (F2) Shares of Common Stock are directly held by Ice Mountain LLC ("Ice Mountain"). Cascade Bay LLC ("Cascade Bay") is the manager and sole Class A Member of Ice Mountain. The Katz 2004 DYN Trust ("DYN") is the Special Assets Manager of Cascade Bay. DYN and Cascade Bay may be deemed to beneficially own the shares of Common Stock directly held by Ice Mountain. |