WATTS WATER TECHNOLOGIES INC — Director's Dealing 2023

Mar 14, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATTS WATER TECHNOLOGIES INC (WTS)
CIK: 0000795403
Period of Report: 2023-03-13

Reporting Person: Patel Shashank (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-13	Class A Common Stock	A	2221.0000	$0.0000	Acquired	23816.0000	Direct
2023-03-13	Class A Common Stock	F	491.0000	$163.3200	Disposed	23325.0000	Direct
2023-03-13	Class A Common Stock	F	1029.0000	$163.3200	Disposed	22296.0000	Direct

Footnotes

F1: Consists of shares of deferred stock that vest in three equal annual installments beginning on the first anniversary of 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 12, 2021. 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 the number of shares required to be withheld to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs) purchased by the Reporting Person under the Issuer's Management Stock Purchase Plan (MSPP) on March 13, 2020. The Reporting Person previously reported the total number of shares subject to vesting of the RSUs in Table I of a Form 4 filed in connection with the original purchase of the RSUs. The withholding of shares to cover tax withholding obligations is mandated by the terms of the Issuer's MSPP and does not represent a discretionary transaction by the Reporting Person.