Elie Melhem - Mar 12, 2024 Form 4 Insider Report for WATTS WATER TECHNOLOGIES INC (WTS)

Role
President- APAC, M. East, Afr.
Signature
/s/ Seth M. Kipp, Attorney-in-Fact
Stock symbol
WTS
Transactions as of
Mar 12, 2024
Transactions value $
-$118,060
Form type
4
Date filed
3/14/2024, 05:02 PM
Previous filing
Feb 15, 2024
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTS Class A Common Stock Tax liability -$67.5K -333 -2.46% $202.77 13.2K Mar 12, 2024 Direct F1
transaction WTS Class A Common Stock Tax liability -$50.5K -248 -1.87% $203.78 13K Mar 13, 2024 Direct F2
transaction WTS Class A Common Stock Award $0 +1.81K +13.91% $0.00 14.8K Mar 14, 2024 Direct F3
* 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 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.
F2 Represents shares disposed to cover taxes upon the vesting of a deferred stock award granted to the Reporting Person on March 13, 2023. 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 Consists of shares of deferred stock that vest in three equal annual installments beginning on the first anniversary of the date of grant.