Zurn Water Solutions Corporation

04/18/2024 | Press release | Distributed by Public on 04/18/2024 14:26

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Jalazo April
2. Issuer Name and Ticker or Trading Symbol
Zurn Elkay Water Solutions Corp [ZWS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
646 COLUMBUS DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
TIERRA VERDE FL 33715
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Join/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Jalazo April
646 COLUMBUS DRIVE

TIERRA VERDE, FL33715

X

Signatures

/s/ April Jalazo 2024-04-16
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.15 to $32.33, inclusive. The reporting person undertakes to provide to Zurn Elkay Water Solutions Corporation, any security holder of Zurn Elkay Water Solutions Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
(2) Shares of Common Stock are directly held by Ice Mountain LLC ("Ice Mountain"). Cascade Bay LLC ("Cascade Bay") is the manager and sole Class A Member of Ice Mountain. The Katz 2004 DYN Trust ("DYN") is the Special Assets Manager with the power to direct Cascade Bay. April Jalazo is a seat holder on the voting committee of DYN with the power to direct DYN. Therefore, April Jalazo may be deemed to beneficially own the shares of Common Stock directly held by Ice Mountain. April Jalazo disclaims beneficial interest of the shares of Common Stock directly held by Ice Mountain except to the extent of her pecuniary interest therein.
(3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.36, inclusive. The reporting person undertakes to provide to Zurn Elkay Water Solutions Corporation, any security holder of Zurn Elkay Water Solutions Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3) to this Form 4.
(4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.20 to $32.22, inclusive. The reporting person undertakes to provide to Zurn Elkay Water Solutions Corporation, any security holder of Zurn Elkay Water Solutions Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4) to this Form 4.
(5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.20 to $32.58, inclusive. The reporting person undertakes to provide to Zurn Elkay Water Solutions Corporation, any security holder of Zurn Elkay Water Solutions Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (5) to this Form 4.
(6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.91 to $32.27, inclusive. The reporting person undertakes to provide to Zurn Elkay Water Solutions Corporation, any security holder of Zurn Elkay Water Solutions Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (6) to this Form 4.
(7) Shares of Common Stock are directly held by Katz New VBA Trust ("New VBA"). April Jalazo is a seat holder on the voting committee of New VBA with the power to direct New VBA. Therefore, April Jalazo may be deemed to beneficially own the shares of Common Stock directly held by New VBA. April Jalazo disclaims beneficial interest of the shares of Common Stock directly held by New VBA except to the extent of her pecuniary interest therein.
(8) Shares of Common Stock are directly held by Katz Voting Stock Trust ("KVST"). April Jalazo is a seat holder on the voting committee of KVST with the power to direct KVST. Therefore, April Jalazo may be deemed to beneficially own the shares of Common Stock directly held by KVST. April Jalazo disclaims beneficial interest of the shares of Common Stock directly held by KVST except to the extent of her pecuniary interest therein.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.