WATERS CORP /DE/ — Director's Dealing 2011

Dec 9, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATERS CORP /DE/ (WAT)
CIK: 0001000697
Period of Report: 2011-12-07

Reporting Person: Rae Elizabeth B (Corporate VP of HR)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-07	Stock Option (Right to Buy)	$79.15	A	40000	Acquired	2021-12-07	Common Stock (40000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	900	Direct
Common Stock	3116.44	Indirect
Common Stock	1628.44	Indirect

Footnotes

F1: These options vest 20% per annum for a 5 year period beginning on December 7, 2012.