Shashank Patel - Mar 15, 2024 Form 4 Insider Report for WATTS WATER TECHNOLOGIES INC (WTS)

Role: Chief Financial Officer
Signature: /s/ Seth M. Kipp, Attorney-in-Fact
Stock symbol: WTS
Transactions as of: Mar 15, 2024
Transactions value $: -$283,820
Form type: 4
Date filed: 3/18/2024, 03:23 PM
Previous filing: Mar 14, 2024
Next filing: Apr 23, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WTS	Class A Common Stock	Tax liability	-$91K	-446	-1.93%	$204.04	22.7K	Mar 15, 2024	Direct	F1
transaction	WTS	Class A Common Stock	Tax liability	-$193K	-945	-4.17%	$204.04	21.7K	Mar 15, 2024	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 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 March 15, 2021. 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.

Content

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.

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 March 15, 2021. 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.