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WATERS CORP /DE/ Director's Dealing 2011

Jan 5, 2011

17817_dirs_2011-01-05_efabd91e-6e73-4dce-91d6-3da01a5290e0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATERS CORP /DE/ (WAT)
CIK: 0001000697
Period of Report: 2010-12-31

Reporting Person: BEKENSTEIN JOSHUA (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-01-03 Common Stock A 1500 Acquired 29000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-12-31 Phantom Stock Units $ A 203.44 Acquired Common Stock (203.44) Direct
2011-01-03 Stock Option (Right to Buy) $78.10 A 4000 Acquired 2021-01-03 Common Stock (4000) Direct

Footnotes

F1: COMMON STOCK UNITS ARE CONVERTIBLE INTO COMMON STOCK SHARES ON A ONE TO ONE RATIO.

F2: UPON RESIGNATION AS DIRECTOR.

F3: Options vest 20% per annum for a 5 year period commencing on 1/3/2012

F4: Grant of shares of common stock subject to restrictions that lapse January 31, 2014