WATTS WATER TECHNOLOGIES INC — Director's Dealing 2018

Jul 30, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATTS WATER TECHNOLOGIES INC (WTS)
CIK: 0000795403
Period of Report: 2018-07-26

Reporting Person: Lepage Kenneth Robert (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-26	Class A Common Stock	M	6201.0000	$57.4700	Acquired	56959.0000	Direct
2018-07-26	Class A Common Stock	S	6201.0000	$85.0000	Disposed	50758.0000	Direct
2018-07-27	Class A Common Stock	F	677.0000	$83.7500	Disposed	50081.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-07-26	Stock Option (right to buy)	$57.4700	M	6201.0000	Disposed	2024-08-01	Class A Common Stock (6201.0000)	Direct

Footnotes

F1: The sale of 6,201 shares of Class A Common Stock reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2018.

F2: Represents the number of shares required to be withheld from the Reporting Person to cover tax withholding obligations in connection with the vesting of restricted stock awarded to the Reporting Person on July 27, 2015. The withholding of shares to cover tax withholding obligations is mandated by the terms of the Reporting Person's restricted stock award under the Issuer's Second Amended and Restated 2004 Stock Incentive Plan and does not represent a discretionary trade by the Reporting Person.

F3: The stock option vests in three equal annual installments beginning on the date set forth above.