WATTS WATER TECHNOLOGIES INC — Director's Dealing 2020

Dec 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATTS WATER TECHNOLOGIES INC (WTS)
CIK: 0000795403
Period of Report: 2020-12-07

Reporting Person: HORNE TIMOTHY P (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-07	Class A Common Stock	C	15000.0000	—	Acquired	15000.0000	Indirect
2020-12-08	Class A Common Stock	S	15000.0000	$116.3100	Disposed	0.0000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-07	Class B Common Stock	$	C	15000.0000	Disposed		Class A Common Stock (15000.0000)	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$		Class A Common Stock (1050000.0000)	1050000.0000	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: The shares are held in a trust for the benefit of Tara V. Horne. The Reporting Person serves as co-trustee of this trust.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.16 to $116.55, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (3) to this Form 4.

F4: All shares of Class B Common Stock were convertible into Class A Common Stock upon issuance and do not have an expiration date.

F5: 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) 113,924 shares held in a trust for the benefit of Tiffany Horne Noonan, (vi) 20,000 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) 6,447 shares held in a trust for the benefit of Kiera R. Noonan, (ix) 6,447 shares held in a trust for the benefit of Tessa R. Noonan, and (x) 5,922 shares held in a trust for the benefit of Liv R. Noonan.