Robert J. Pagano Jr - Feb 14, 2022 Form 4 Insider Report for WATTS WATER TECHNOLOGIES INC (WTS)

Signature
/s/ Seth M. Kipp, Attorney-in-Fact
Stock symbol
WTS
Transactions as of
Feb 14, 2022
Transactions value $
-$695,260
Form type
4
Date filed
2/15/2022, 01:36 PM
Previous filing
Feb 9, 2022
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTS Class A Common Stock Tax liability -$695K -4.96K -3.21% $140.23 149K Feb 14, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 February 12, 2019. 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.