Shashank Patel - 15 Mar 2023 Form 4 Insider Report for WATTS WATER TECHNOLOGIES INC (WTS)

Role
Chief Financial Officer
Signature
/s/ Seth M. Kipp, Attorney-in-Fact
Issuer symbol
WTS
Transactions as of
15 Mar 2023
Net transactions value
-$182,173
Form type
4
Filing time
17 Mar 2023, 10:20:28 UTC
Previous filing
14 Mar 2023
Next filing
03 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTS Class A Common Stock Tax liability $72,464 -445 -2% $162.84 21,851 15 Mar 2023 Direct F1
transaction WTS Class A Common Stock Tax liability $109,709 -669 -3.1% $163.99 21,182 16 Mar 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 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.
F2 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.