WATTS WATER TECHNOLOGIES INC — Director's Dealing 2023

Mar 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATTS WATER TECHNOLOGIES INC (WTS)
CIK: 0000795403
Period of Report: 2023-03-15

Reporting Person: Melhem Elie (President- APAC, M. East, Afr.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-15	Class A Common Stock	A	1741.0000	$130.2700	Acquired	20384.0000	Direct
2023-03-15	Class A Common Stock	F	291.0000	$162.8400	Disposed	20093.0000	Direct
2023-03-16	Class A Common Stock	F	468.0000	$163.9900	Disposed	19625.0000	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 March 15, 2023. The restricted stock units were purchased using a portion of the Reporting Person's pre-tax 2022 performance bonus. The restricted stock units vest in three equal annual installments beginning one year after the date of grant.

F2: Represents shares disposed to cover taxes upon the vesting of a deferred stock award granted to the Reporting Person on March 15, 2022. 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.

F3: Represents shares disposed to cover taxes upon the vesting of a deferred stock award granted to the Reporting Person on March 16, 2020. 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.