WATERS CORP /DE/ — Director's Dealing 2017

Dec 15, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATERS CORP /DE/ (WAT)
CIK: 0001000697
Period of Report: 2017-12-13

Reporting Person: Cassis Eugene G (SVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-12-13	Common Stock	G	5000	—	Disposed	15100	Direct
2017-12-13	Common Stock	M	3000	$87.06	Acquired	18100	Direct
2017-12-13	Common Stock	S	3000	$197.43	Disposed	15100	Direct
2017-12-13	Common Stock	M	5000	$98.21	Acquired	20100	Direct
2017-12-13	Common Stock	S	5000	$197.18	Disposed	15100	Direct
2017-12-13	Common Stock	M	8000	$113.36	Acquired	23100	Direct
2017-12-13	Common Stock	S	8000	$197.81	Disposed	15100	Direct
2017-12-13	Common Stock	M	7863	$128.93	Acquired	22963	Direct
2017-12-13	Common Stock	S	7863	$197.51	Disposed	15100	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-13	Stock Option (Right to Buy)	$87.06	M	3000	Disposed	2022-12-11	Common Stock (3000)	Direct
2017-12-13	Stock Option (Right to Buy)	$98.21	M	5000	Disposed	2023-12-06	Common Stock (5000)	Direct
2017-12-13	Stock Option (Right to Buy)	$113.36	M	8000	Disposed	2024-12-11	Common Stock (8000)	Direct
2017-12-13	Stock Option (Right to Buy)	$128.93	M	7863	Disposed	2025-12-09	Common Stock (7863)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2148.2282	Indirect
Common Stock	6386	Indirect
Common Stock	2078.049	Indirect
Common Stock	1083.8066	Indirect