SEC Form 4 · accession 0001225208-18-001391
Mueller Water Products, Inc. · MWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Obrien
Director
Period of report
Jan 22, 2018
Accepted (ET)
Jan 23, 2018 · 4:36 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 | Jan 22, 2018 | M | 9,701 | $7.95 | A | 32,910 | D | |
| Common StockF1,F2 | Jan 22, 2018 | F | 6,475 | $11.91 | D | 26,435 | D | |
| Common Stock | holding | — | — | — | 48,920 | I | By Trust |
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 | $7.95 | Jan 22, 2018 | M | 9,701 | D | — | Jan 30, 2018 | Common Stock | 9,701 | 0 | D |
Explanation of responses
- F1Shares were "withheld" to cover exercise price.
- F2This Form is being filed in part to report the exercise of a stock option for a total of 9,701 shares by means of a stock swap. A stock swap is a method of exercising a stock option in which the option holder pays the exercise price using shares of stock already owned. As a result of this stock swap, the Reporting Person, on a net basis, acquired ownership of an additional 3,226 shares of common stock.
- F3The stock options vested in three equal annual installments beginning on the first anniversary of the grant date.