Form 4 for ZWS Zurn Elkay Water Solutions Corp
Accepted 2024-11-07 00:00:00 ET · period of report 2024-11-05 · accession 0001439288-24-000190 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-11-07 | 2024-11-06 | ZWS | ADAMS TODD A. | COB, CEO, Dir | A - Grant | — | +328.0K | 2.44M | +16% | — |
| DM | 2024-11-07 | 2024-11-06+ | ZWS | ADAMS TODD A. | COB, CEO, Dir | S - Sale+OE | $39.44 | -287.5K | 2.24M | -11% | -$11.34M |
| DM | 2024-11-07 | 2024-11-05 | ZWS | ADAMS TODD A. | COB, CEO, Dir | M - OptEx | $12.21 | +624.3K | 2.49M | +34% | +$7.62M |
| DM | 2024-11-07 | 2024-11-05 | ZWS | ADAMS TODD A. | COB, CEO, Dir | F - Tax | $38.48 | -398.4K | 2.36M | -14% | -$15.33M |
| DM | 2024-11-07 | 2024-11-06 | ZWS | ADAMS TODD A. | COB, CEO, Dir | G - Gift | $0.00 | -131.0K | 2.11M | -6% | $0 |
| DM | 2024-11-07 | 2024-11-05 | ZWS | ADAMS TODD A. | COB, CEO, Dir | M - OptEx | $0.00 | -624.3K | 0 | -100% | $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 | 2024-11-06 | A | A | 327,988 | — | 2,439,855 | D | — | — | (F5) Acquisition of shares for no consideration upon the vesting of performance stock units, based on Zurn Elkay Water Solutions Corporation's performance during three year performance period (October 5, 2021 - September 30, 2024). |
| 2 | Common | Common Stock | 2024-11-07 | S | D | 157,508 | $39.14 | 2,282,347 | D | — | — | (F6) Shares were sold to satisfy tax withholding obligations and related fees in connection with the vesting of performance stock units. (F7) This transaction was executed in multiple trades at prices ranging from $38.85 to $39.58. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated. |
| 3 | Common | Common Stock | 2024-11-07 | S | D | 10,000 | $39.36 | 2,272,347 | D | — | — | (F8) This transaction was executed in multiple trades at prices ranging from $39.17 to $39.60. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated. |
| 4 | Common | Common Stock | 2024-11-05 | M | A | 439,545 | $11.37 | 2,576,560 | D | — | — | |
| 5 | Common | Common Stock | 2024-11-05 | F | D | 275,420 | $38.48 | 2,301,140 | D | — | — | (F1) Shares were withheld to satisfy the exercise price and tax withholding obligations in connection with the option exercise. |
| 6 | Common | Common Stock | 2024-11-05 | M | A | 184,733 | $14.22 | 2,485,873 | D | — | — | |
| 7 | Common | Common Stock | 2024-11-05 | F | D | 123,006 | $38.48 | 2,362,867 | D | — | — | (F1) Shares were withheld to satisfy the exercise price and tax withholding obligations in connection with the option exercise. |
| 8 | Common | Common Stock | 2024-11-06 | S | D | 120,000 | $39.83 | 2,242,867 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $39.65 to $40.03. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effectuated. |
| 9 | Common | Common Stock | 2024-11-06 | G | D | 85,000 | $0.00 | 2,157,867 | D | — | — | (F3) As part of an estate planning strategy, shares were transferred to an irrevocable gift trust, the trustee of which is independent of the Reporting Person. |
| 10 | Common | Common Stock | 2024-11-06 | G | D | 46,000 | $0.00 | 2,111,867 | D | — | — | (F4) Bona fide gift. |
| 11 | Derivative | Stock Option (right to buy) | 2024-11-05 | M | D | 184,733 | $0.00 | 0 | D | $14.22 · — to 2028-05-25 | 184,733 Common Stock | (F10) Option fully vested. |
| 12 | Derivative | Stock Option (right to buy) | 2024-11-05 | M | D | 439,545 | $0.00 | 0 | D | $11.37 · — to 2027-05-19 | 439,545 Common Stock | (F10) Option fully vested. |