SEC Form 4 · accession 0001439288-19-000010
Zurn Elkay Water Solutions Corp · ZWS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd A. Adams
Officer — President & CEO · Director
Period of report
Feb 19, 2019
Accepted (ET)
Feb 20, 2019 · 6:13 pm EST
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,F2 | Feb 19, 2019 | S | 30,000 | $28.0161 | D | 271,792 | D | |
| Common StockF3 | holding | — | — | — | 3,779 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 1,200 | I | By SEP IRA |
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)F4 | $4.804 | holding | — | — | — | — | Sep 11, 2019 | Common Stock | 499,524 | 499,524 | D |
| Stock Option (right to buy)F4 | $8.888 | holding | — | — | — | — | Oct 29, 2020 | Common Stock | 166,508 | 166,508 | D |
| Stock Option (right to buy)F4 | $18.00 | holding | — | — | — | — | Mar 29, 2022 | Common Stock | 937,000 | 937,000 | D |
| Stock Option (right to buy)F5 | $19.70 | holding | — | — | — | May 20, 2017 | May 20, 2026 | Common Stock | 1,092,044 | 1,092,044 | D |
| Stock Option (right to buy)F5 | $23.13 | holding | — | — | — | May 19, 2018 | May 19, 2027 | Common Stock | 216,050 | 216,050 | D |
| Stock Option (right to buy)F5 | $28.91 | holding | — | — | — | May 25, 2019 | May 25, 2018 | Common Stock | 90,802 | 90,802 | D |
Explanation of responses
- F1The transactions were executed pursuant to a Rule 10b5-1 plan.
- F2This transaction was executed in multiple trades at prices ranging from $27.85 to $28.12. 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.
- F3Based on information from the trustee of the 401(k) Plan.
- F4Option fully vested.
- F5The original option vests in three annual installments beginning on the date listed above.