Cascade Bay LLC 4
4 · Zurn Elkay Water Solutions Corp · Filed Feb 18, 2025
Insider Transaction Report
Form 4
Ice Mountain LLC
Other
Transactions
- Award
Common Stock
2024-08-13+461,155→ 23,915,319 total - Sale
Common Stock
2025-02-13$33.60/sh−8,912,500$299,460,000→ 15,002,819 total
Footnotes (3)
- [F1]Escrow share deposit release from working capital adjustment pursuant to Issuer's merger with Elkay Manufacturing Company on July 1, 2022. (Due to an administrative error, this is being reported currently).
- [F2]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 of Cascade Bay. DYN and Cascade Bay may be deemed to beneficially own the shares of Common Stock directly held by Ice Mountain.
- [F3]On February 13, 2025, the reporting person sold 8,912,500 shares of Common Stock of the issuer to Evercore Group L.L.C., as the representative of the underwriters (the "Representative"), pursuant to an Underwriting Agreement, dated as of February 11, 2025, by and among the reporting person, the issuer and the Representative in connection with the issuer's previously disclosed secondary offering.