Timothy P. Horne - Jul 11, 2022 Form 4 Insider Report for WATTS WATER TECHNOLOGIES INC (WTS)

Role
10%+ Owner
Signature
/s/ Seth M. Kipp, Attorney-in-Fact
Stock symbol
WTS
Transactions as of
Jul 11, 2022
Transactions value $
$0
Form type
4
Date filed
7/12/2022, 12:30 PM
Previous filing
Nov 12, 2021
Next filing
Aug 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTS Class A Common Stock Conversion of derivative security $0 +16K $0.00 16K Jul 11, 2022 By Trust F1, F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WTS Class B Common Stock Conversion of derivative security $0 -16K -0.32% $0.00 4.99M Jul 11, 2022 Class A Common Stock 16K By Trust F1, F2, F4, F5
holding WTS Class B Common Stock 1M Jul 11, 2022 Class A Common Stock 1M By Revocable Trust F1, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class B Common Stock are convertible into shares of Class A Common Stock on a 1-for-1 basis.
F2 On November 2, 2021, the Reporting Person resigned as co-trustee of a trust for the benefit of Tara V. Horne, the Reporting Person's daughter. The Reporting Person ceased to beneficially own any shares held by this trust as of such date and any such shares are not included in this total.
F3 The shares are held in a trust for the benefit of Tiffany Horne Noonan. The Reporting Person serves as co-trustee of this trust.
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) 4,000 shares held in a trust for the benefit of Tiffany Horne Noonan, (vii) 6,447 shares held in a trust for the benefit of Kiera R. Noonan, (viii) 6,447 shares held in a trust for the benefit of Tessa R. Noonan, and (ix) 5,922 shares held in a trust for the benefit of Liv R. Noonan.
F6 These shares of Class B Common Stock are held in a revocable trust of which the Reporting Person is the sole trustee and the sole beneficiary.