SEC Form 4 · accession 0001225208-17-017737
Mueller Water Products, Inc. · MWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory E Hyland
Officer — Executive Chairman · Director
Period of report
Nov 27, 2017
Accepted (ET)
Nov 29, 2017 · 4:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001350593
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 27, 2017 | M | 50,000 | $10.66 | A | 979,481 | D | |
| Common StockF1 | Nov 27, 2017 | S | 50,000 | $12.3389 | D | 929,481 | D | |
| Common Stock | Nov 28, 2017 | M | 90,000 | $10.66 | A | 1,019,481 | D | |
| Common StockF2 | Nov 28, 2017 | S | 90,000 | $12.3788 | D | 929,481 | D | |
| Common Stock | Nov 29, 2017 | M | 2,243 | $10.66 | A | 931,724 | D | |
| Common Stock | Nov 29, 2017 | S | 2,243 | $12.5401 | D | 929,481 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $10.66 | Nov 27, 2017 | M | 50,000 | D | — | Nov 29, 2017 | Common Stock | 50,000 | 92,243 | D |
| Stock Option (Right to Buy)F3 | $10.66 | Nov 28, 2017 | M | 90,000 | D | — | Nov 29, 2017 | Common Stock | 90,000 | 2,243 | D |
| Stock Option (Right to Buy)F3 | $10.66 | Nov 29, 2017 | M | 2,243 | D | — | Nov 29, 2017 | Common Stock | 2,243 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is an average price. The shares were sold in multiple transactions at prices ranging from $12.32 to $12.36, inclusive. The reporting person undertakes to provide to Mueller Water Products, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sole at each separate price within the ranges set forth in this footnote.
- F2The price reported in Column 4 is an average price. The shares were sold in multiple transactions at prices ranging from $12.345 to $12.41, inclusive. The reporting person undertakes to provide to Mueller Water Products, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sole at each separate price within the ranges set forth in this footnote.
- F3The stock options vested in three equal annual installments beginning on the first anniversary of the grant date.