WATERS CORP /DE/ — Director's Dealing 2020

May 19, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATERS CORP /DE/ (WAT)
CIK: 0001000697
Period of Report: 2020-05-18

Reporting Person: Rae Elizabeth B (SVP, Global HR)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-18	Common Stock	M	5000	$113.36	Acquired	11692	Direct
2020-05-18	Common Stock	S	5000	$183.53	Disposed	6692	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-18	Stock Option (Right to Buy)	$113.36	M	5000	Disposed	2024-12-11	Common Stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4045.98	Indirect
Common Stock	3028.8982	Indirect