Robert J. Pagano Jr - Feb 6, 2023 Form 4 Insider Report for WATTS WATER TECHNOLOGIES INC (WTS)

Role
President and CEO
Signature
/s/ Seth M. Kipp, Attorney-in-Fact
Stock symbol
WTS
Transactions as of
Feb 6, 2023
Transactions value $
-$3,731,953
Form type
4
Date filed
2/8/2023, 11:50 AM
Previous filing
Jan 26, 2023
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTS Class A Common Stock Award $0 +39K +24.19% $0.00 200K Feb 6, 2023 Direct F1
transaction WTS Class A Common Stock Tax liability -$3.73M -22.2K -11.06% $168.25 178K Feb 6, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares issued to the Reporting Person as a result of the vesting of performance stock units granted to the Reporting Person on March 16, 2020.
F2 Represents shares disposed to cover taxes upon the vesting of performance stock units 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.