0001604643-23-000084.txt : 20230526 0001604643-23-000084.hdr.sgml : 20230526 20230526162945 ACCESSION NUMBER: 0001604643-23-000084 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230524 FILED AS OF DATE: 20230526 DATE AS OF CHANGE: 20230526 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Desai Snehal CENTRAL INDEX KEY: 0001727751 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38272 FILM NUMBER: 23969448 MAIL ADDRESS: STREET 1: EVOQUA WATER TECHNOLOGIES CORP. STREET 2: 210 SIXTH AVENUE CITY: PITTSBURGH STATE: PA ZIP: 15222 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Evoqua Water Technologies Corp. CENTRAL INDEX KEY: 0001604643 STANDARD INDUSTRIAL CLASSIFICATION: REFRIGERATION & SERVICE INDUSTRY MACHINERY [3580] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 BUSINESS ADDRESS: STREET 1: 210 SIXTH AVENUE CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: 724-772-0044 MAIL ADDRESS: STREET 1: 210 SIXTH AVENUE CITY: PITTSBURGH STATE: PA ZIP: 15222 FORMER COMPANY: FORMER CONFORMED NAME: EWT Holdings I Corp. DATE OF NAME CHANGE: 20140403 4 1 wf-form4_168513293203377.xml FORM 4 X0407 4 2023-05-24 1 0001604643 Evoqua Water Technologies Corp. AQUA 0001727751 Desai Snehal EVOQUA WATER TECHNOLOGIES CORP. 210 SIXTH AVENUE PITTSBURGH PA 15222 0 1 0 0 EVP, Chief Growth Officer 0 Common Stock 2023-05-24 4 A 0 18958 0 A 78798 D Common Stock 2023-05-24 4 D 0 78798 D 0 D Stock Option (Right to Buy) 24.25 2023-05-24 4 D 0 34636 D 2028-01-26 Common Stock 34636.0 0 D Stock Option (Right to Buy) 20.88 2023-05-24 4 D 0 33279 D 2028-04-02 Common Stock 33279.0 0 D Stock Option (Right to Buy) 12.67 2023-05-24 4 D 0 38961 D 2029-02-14 Common Stock 38961.0 0 D Stock Option (Right to Buy) 23.63 2023-05-24 4 D 0 28902 D 2030-02-14 Common Stock 28902.0 0 D Stock Option (Right to Buy) 24.76 2023-05-24 4 D 0 22277 D 2031-02-16 Common Stock 22277.0 0 D Represents performance share units ("PSUs") that became earned (at target award level) pursuant to the merger agreement among Xylem Inc., Fore Merger Sub, Inc. and the issuer, dated as of Jan. 22, 2023, upon effectiveness of the merger on May 24, 2023. Disposed of pursuant to the merger agreement. Upon effectiveness of the merger, (i) each issued and outstanding share of issuer common stock was exchanged for 0.48 Xylem common shares, with cash paid in lieu of fractional shares, and (ii) unvested restricted stock units ("RSUs") and PSUs (at target award level) were converted into RSUs relating to Xylem common shares, by multiplying the number of shares of issuer common stock underlying the award and 0.48, rounded down to the nearest whole share. This option is fully vested. Pursuant to the merger agreement, outstanding options for issuer common stock were assumed by Xylem and converted into options for Xylem common shares, in an amount equal to the number of shares of issuer common stock underlying the options multiplied by 0.48, rounded down to the nearest whole share. Pursuant to the merger agreement, the Xylem option exercise price is equal to the issuer option exercise price divided by 0.48, rounded up to the nearest whole cent. This option vests in four equal annual installments starting on Jan. 1, 2021. This option vests in four equal annual installments starting on Feb. 16, 2022. /s/ John DiMascio, Attorney-in-Fact for Snehal Desai 2023-05-26