WATERS CORP /DE/ — Director's Dealing 2018

Jan 3, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATERS CORP /DE/ (WAT)
CIK: 0001000697
Period of Report: 2018-01-02

Reporting Person: BERENDT MICHAEL J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-02	Common Stock	M	3500	$76.75	Acquired	26849	Direct
2018-01-02	Common Stock	S	3500	$194.58	Disposed	23349	Direct
2018-01-02	Common Stock	A	562	—	Acquired	23911	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-02	Stock Option (Right to Buy)	$76.75	M	3500	Disposed	2018-01-02	Common Stock (3500)	Direct
2018-01-02	Stock Option (Right to Buy)	$195.69	A	2692	Acquired	2028-01-02	Common Stock (2692)	Direct

Footnotes

F1: Acquisition of common stock was made under a sale plan established pursuant to the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.

F2: Sale of common stock was made under a sale plan established pursuant to the requirements of Rule 10b5-1 under the Securities and Exchange Act of 1934, as amended.

F3: Grant of shares of common stock subject to restrictions that lapse January 2, 2019.

F4: Options fully vest on January 2, 2019.