X0306 4 2015-12-01 0001350593 Mueller Water Products, Inc. MWA 0001407377 Belknap Keith L Jr 1200 ABERNATHY ROAD SUITE 1200 ATLANTA GA 30328 1 SVP, GC, CCO and Corporate Sec Common Stock 2015-12-01 4 A 0 30647.0000 0.0000 A 103945.3275 D Restricted Stock Unit 2015-12-01 4 A 0 26652.0000 9.3800 A 91256.0000 D Common Stock 2015-12-02 4 F 0 2274.0000 9.2800 D 108488.3275 D 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. Includes 8,485.33 shares acquired under the Mueller Water Products, Inc. Employee Stock Purchase Plan. Acquisition is pursuant to grant of restricted stock units under the Mueller Water Products, Inc. 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. Shares were withheld to cover the tax liability on the lapse of the restrictions on restricted stock units. /s/ KEVIN MAXWELL, Attorney-in-Fact 2015-12-03