Nancarrow Michael S 4
4 · Mueller Water Products, Inc. · Filed Dec 7, 2020
Insider Transaction Report
Form 4
Nancarrow Michael S
VP & Chief Accounting Officer
Transactions
- Award
Restricted Stock Unit
2020-12-02$11.86/sh+2,328$27,610→ 6,033 total - Award
Stock Option (Right to Buy)
2020-12-02+8,421→ 8,421 totalExercise: $3.28Exp: 2030-12-02→ Common Stock (8,421 underlying) - Award
Common Stock
2020-12-02+2,459→ 39,951.607 total - Tax Payment
Common Stock
2020-12-03$11.78/sh−289$3,404→ 40,612.607 total
Footnotes (5)
- [F1]Acquisition is pursuant to grant of performance-based restricted stock units under the Mueller Water Products, Inc. Amended and Restated 2006 Stock Incentive Plan. Units earned based on performance during three separate performance periods vested on the last day of the three-year award cycle. Excludes shares required to be withheld for tax liabilities.
- [F2]Acquisition is pursuant to grant of restricted stock units under the Mueller Water Products, Inc. Second Amended and Restated 2006 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of Mueller Water Products, Inc. Common Stock when the restrictions lapse. The lapse occurs in three (3) equal, annual installments beginning on the first anniversary of the grant date.
- [F3]Shares were withheld to cover the tax liability on the lapse of the restrictions on restricted stock units.
- [F4]Includes 27,523.607 shares acquired under the Mueller Water Products, Inc. Employee Stock Purchase Plan.
- [F5]The stock options will vest in three (3) equal, annual installments on the anniversary of the grant date.