Filing Details
- Accession Number:
- 0001439288-24-000190
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-11-07 20:42:09
- Reporting Period:
- 2024-11-05
- Accepted Time:
- 2024-11-07 20:42:09
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1439288 | Zurn Elkay Water Solutions Corp | ZWS | General Industrial Machinery & Equipment (3560) | 205197013 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1525211 | A. Todd Adams | 511 W. Freshwater Milwaukee WI 53204 | Chairman And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2024-11-05 | 439,545 | $11.37 | 2,576,560 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-11-05 | 275,420 | $38.48 | 2,301,140 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2024-11-05 | 184,733 | $14.22 | 2,485,873 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-11-05 | 123,006 | $38.48 | 2,362,867 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2024-11-06 | 120,000 | $39.83 | 2,242,867 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-11-06 | 85,000 | $0.00 | 2,157,867 | No | 4 | G | Direct | |
| Common Stock | Disposition | 2024-11-06 | 46,000 | $0.00 | 2,111,867 | No | 4 | G | Direct | |
| Common Stock | Acquisiton | 2024-11-06 | 327,988 | $0.00 | 2,439,855 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2024-11-07 | 157,508 | $39.14 | 2,282,347 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-11-07 | 10,000 | $39.36 | 2,272,347 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | G | Direct | |
| No | 4 | G | Direct | |
| No | 4 | A | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (right to buy) | Disposition | 2024-11-05 | 439,545 | $0.00 | 439,545 | $11.37 |
| Common Stock | Stock Option (right to buy) | Disposition | 2024-11-05 | 184,733 | $0.00 | 184,733 | $14.22 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2027-05-19 | No | 4 | M | Direct | |
| 0 | 2028-05-25 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 5,230 | Indirect | By 401(k) Plan |
| Common Stock | 1,200 | Indirect | By SEP IRA |
Footnotes
- Shares were withheld to satisfy the exercise price and tax withholding obligations in connection with the option exercise.
- 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.
- 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.
- Bona fide gift.
- 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).
- Shares were sold to satisfy tax withholding obligations and related fees in connection with the vesting of performance stock units.
- 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.
- 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.
- Based on information from the trustee of the 401(k) Plan.
- Option fully vested.
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