Form 4 for WTS WATTS WATER TECHNOLOGIES INC

Accepted 2023-03-14 00:00:00 ET · period of report 2023-03-13 · accession 0001225208-23-003809 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2023-03-14	2023-03-13	WTS	Lepage Kenneth Robert	GC	F - Tax	$163.32	-1,380	25.9K	-5%	-$225.4K
	2023-03-14	2023-03-13	WTS	Lepage Kenneth Robert	GC	A - Grant	$0.00	+1,976	27.3K	+8%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2023-03-13	F	D	428	$163.32	26,861	D	—	—	(F2) 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.
2	Common	Class A Common Stock	2023-03-13	A	A	1,976	$0.00	27,289	D	—	—	(F1) Consists of shares of deferred stock that vest in three equal annual installments beginning on the first anniversary of the date of grant.
3	Common	Class A Common Stock	2023-03-13	F	D	952	$163.32	25,909	D	—	—	(F3) 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 13, 2020. 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.