Timothy P. Horne - May 15, 2024 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
May 15, 2024
Transactions value $
$0
Form type
4
Date filed
5/16/2024, 02:01 PM
Previous filing
May 14, 2024
Next filing
May 24, 2024

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 +5K $0.00 5K May 15, 2024 By Trust F1, F2
holding WTS Class A Common Stock 5K May 15, 2024 By Revocable Trust 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 -5K -0.1% $0.00 4.98M May 15, 2024 Class A Common Stock 5K By Trust F1, F4, F5
holding WTS Class B Common Stock 950K May 15, 2024 Class A Common Stock 950K By Revocable Trust F1, F3, F4
* 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 The shares are held in a trust for the benefit of Tiffany Horne Noonan. The Reporting Person serves as co-trustee of this trust.
F3 The shares are held in a revocable trust of which the Reporting Person is the sole trustee and the sole beneficiary.
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) 21,600 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) 6,447 shares held in a trust for the benefit of Kiera R. Noonan, (vii) 6,447 shares held in a trust for the benefit of Tessa R. Noonan, and (viii) 5,922 shares held in a trust for the benefit of Liv R. Noonan.