WATTS WATER TECHNOLOGIES INC — Director's Dealing 2020

Mar 17, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATTS WATER TECHNOLOGIES INC (WTS)
CIK: 0000795403
Period of Report: 2020-03-13

Reporting Person: Lepage Kenneth Robert (General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-13	Class A Common Stock	A	2068.0000	$85.7200	Acquired	42105.0000	Direct
2020-03-16	Class A Common Stock	A	3702.0000	$0.0000	Acquired	45807.0000	Direct
2020-03-16	Class A Common Stock	F	635.0000	$73.6200	Disposed	45172.0000	Direct

Footnotes

F1: Represents shares subject to restricted stock units purchased by the Reporting Person under the Issuer's Management Stock Purchase Plan at a discount of 20% from the closing sale price of the Issuer's Class A Common Stock on February 13, 2020. The restricted stock units were purchased using a portion of the Reporting Person's pre-tax 2019 performance bonus. The restricted stock units vest in three equal annual installments beginning one year after the date of grant.

F2: Consists of shares of deferred stock that vest in three equal annual installments beginning on the first anniversary of the date of grant.

F3: Represents shares disposed to cover taxes upon the vesting of a restricted stock award granted to the Reporting Person on March 16, 2018. The disposition of shares to cover tax withholding obligations is required by the terms of the Reporting Person's grant agreement and does not represent a discretionary transaction by the Reporting Person.