WATTS WATER TECHNOLOGIES INC — Director's Dealing 2018

Feb 2, 2018

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: WATTS WATER TECHNOLOGIES INC (WTS)
CIK: 0000795403
Period of Report: 2017-12-31

Reporting Person: HORNE TIMOTHY P (10% Owner)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-12-27	Class B Common Stock	$	G	1050.0000	Acquired		Class A Common Stock (1050.0000)	Indirect
2017-12-27	Class B Common Stock	$	G	1050.0000	Disposed		Class A Common Stock (1050.0000)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (1250000.0000)	1250000.0000	Direct

Footnotes

F1: Shares of Class B Common Stock are convertible into shares of Class A Common Stock on a 1-for-1 basis.

F2: All shares of Class B Common Stock were convertible into Class A Common Stock upon issuance and do not have an expiration date.

F3: Consists of the following shares of Class B Common Stock which are subject to The Amended and Restated George B. Horne Voting Trust Agreement - 1997 for which the Reporting Person serves as trustee: (i) 1,666,970 shares held in a trust for the benefit of Daniel W. Horne, (ii) 1,666,970 shares held in a trust for the benefit of Deborah Horne, (iii) 1,495,010 shares held in a trust for the benefit of Peter W. Horne, (iv) 22,600 shares held in a trust for the benefit of Tiffany Horne Noonan, (v) 131,690 shares held in a trust for the benefit of Tiffany Horne Noonan, (vi) 55,000 shares held in a trust for the benefit of Tara V. Horne, (vii) 40,000 shares held in a trust for the benefit of Tiffany Horne Noonan, (viii) 525 shares held in a trust for the benefit of Kiera R. Noonan, and (ix) 525 shares held in a trust for the benefit of Tessa R. Noonan.

F4: On December 27, 2017, 1050 shares of Class B Common Stock were transferred by gift from a trust for the benefit of Tiffany Horne Noonan. Of this amount, 525 shares were transferred by gift to a new trust for the benefit of Kiera R. Noonan, and 525 shares were transferred to a new trust for the benefit of Tessa R. Noonan. The shares held by these new trusts are subject to the Amended and Restated George B. Horne Voting Trust Agreement - 1997 for which the Reporting Person serves as trustee (the "Voting Trust"). Following these transfers, 131,960 shares remain held by the trust for the benefit of Tiffany Horne Noonan and are subject to the Voting Trust.