Form 4 for ZWS Zurn Elkay Water Solutions Corp
Accepted 2025-02-18 00:00:00 ET · period of report 2024-08-13 · accession 0001104659-25-014897 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2025-02-18 | 2024-08-13 | ZWS | Jalazo April | Former 10% Owner | A - Grant | — | +461.2K | 23.92M | +2% | — |
| I | 2025-02-18 | 2025-02-13 | ZWS | Jalazo April | Former 10% Owner | S - Sale | $33.60 | -8.91M | 15.00M | -37% | -$299.46M |
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 | 2024-08-13 | A | A | 461,155 | — | 23,915,319 | I See Footnote | — | — | (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 with the power to direct Cascade Bay. April Jalazo is a seat holder on the voting committee of DYN with the power to direct DYN. Therefore, April Jalazo may be deemed to beneficially own the shares of Common Stock directly held by Ice Mountain. April Jalazo disclaims beneficial interest of the shares of Common Stock directly held by Ice Mountain except to the extent of her pecuniary interest therein. |
| 2 | Common | Common Stock | 2025-02-13 | S | D | 8,912,500 | $33.60 | 15,002,819 | I See Footnote | — | — | (F3) On February 13, 2025, Ice Mountain sold 8,912,500 shares of Common Stock of the issuer to Evercore Group L.L.C., as the representative of the underwriters (the "Representative"), pursuant to an Underwriting Agreement, dated as of February 11, 2025, by and among Ice Mountain, the issuer and the Representative in connection with the issuer's previously disclosed secondary offering. (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 with the power to direct Cascade Bay. April Jalazo is a seat holder on the voting committee of DYN with the power to direct DYN. Therefore, April Jalazo may be deemed to beneficially own the shares of Common Stock directly held by Ice Mountain. April Jalazo disclaims beneficial interest of the shares of Common Stock directly held by Ice Mountain except to the extent of her pecuniary interest therein. |