SEC Form 4 · accession 0001439288-18-000033
Zurn Elkay Water Solutions Corp · ZWS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patricia M Whaley
Officer — Vice Pres.-General Counsel
Period of report
May 22, 2018
Accepted (ET)
May 24, 2018 · 7:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001439288
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 22, 2018 | M | 2,620 | — | A | 55,047 | D | |
| Common Stock | May 22, 2018 | F | 820 | $28.94 | D | 54,227 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Stock UnitsF1 | — | May 22, 2018 | A | 258 | A | — | — | Common Stock | 258 | 2,620 | D |
| Performance Stock UnitsF1 | — | May 22, 2018 | M | 2,620 | D | — | — | Common Stock | 2,620 | 0 | D |
| Stock Option (right to buy)F3 | $8.888 | holding | — | — | — | — | Jul 29, 2020 | Common Stock | 8,325 | 8,325 | D |
| Stock Option (right to buy)F3 | $22.03 | holding | — | — | — | — | May 11, 2022 | Common Stock | 45,000 | 45,000 | D |
| Stock Option (right to buy)F3 | $19.00 | holding | — | — | — | — | May 23, 2023 | Common Stock | 25,000 | 25,000 | D |
| Stock Option (right to buy)F4 | $29.31 | holding | — | — | — | Sep 3, 2015 | Sep 3, 2024 | Common Stock | 17,490 | 17,490 | D |
| Stock Option (right to buy)F3 | $25.77 | holding | — | — | — | — | May 22, 2025 | Common Stock | 21,255 | 21,255 | D |
| Stock Option (right to buy)F5 | $19.70 | holding | — | — | — | May 20, 2017 | May 20, 2026 | Common Stock | 38,222 | 38,222 | D |
| Stock Option (right to buy)F5 | $23.13 | holding | — | — | — | May 19, 2018 | May 19, 2027 | Common Stock | 25,618 | 25,618 | D |
Explanation of responses
- F1Based on Rexnord Corporation's performance during the three-year performance period (fiscal 2016-fiscal 2018), the performance stock units ("PSUs") vested at the level indicated above (the Reporting Person had the opportunity to earn up to 200% of the number originally reported, as previously disclosed).
- F2Shares were withheld to satisfy tax withholding obligations in connection with the vesting of PSUs.
- F3Option fully vested.
- F4The original option vests in four annual installments beginning on the date listed above.
- F5The original option vests in three annual installments beginning on the date listed above.