Form 4 for WTS WATTS WATER TECHNOLOGIES INC
Accepted 2024-03-18 00:00:00 ET · period of report 2024-03-15 · accession 0001225208-24-004279 · 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 | 2024-03-18 | 2024-03-15 | WTS | Halloran Virginia A | CAO | F - Tax | $204.04 | -147 | 15.0K | -1.0% | -$30.0K |
| M | 2024-03-18 | 2024-03-15 | WTS | Halloran Virginia A | CAO | S - Sale | $202.82 | -1,407 | 14.7K | -9% | -$285.4K |
| 2024-03-18 | 2024-03-15 | WTS | Halloran Virginia A | CAO | A - Grant | $163.23 | +273 | 15.1K | +2% | +$44.6K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-03-15 | F | D | 102 | $204.04 | 14,944 | 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 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. |
| 2 | Common | Class A Common Stock | 2024-03-15 | F | D | 45 | $204.04 | 15,046 | D | — | — | (F2) 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. |
| 3 | Common | Class A Common Stock | 2024-03-15 | S | D | 463 | $203.47 | 14,213 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $202.85 to $203.61, inclusive. |
| 4 | Common | Class A Common Stock | 2024-03-15 | A | A | 273 | $163.23 | 15,091 | D | — | — | (F1) Represents shares subject to restricted stock units purchased by the Reporting Person under the Issuer's Management Stock Purchase Plan at a discount of 20% from the closing sale price of the Issuer's Class A Common Stock on March 15, 2024. The restricted stock units were purchased using a portion of the Reporting Person's pre-tax 2023 performance bonus. The restricted stock units vest in three equal annual installments beginning one year after the date of grant. |
| 5 | Common | Class A Common Stock | 2024-03-15 | S | D | 676 | $201.78 | 13,537 | D | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $201.65 to $202.56, inclusive. |
| 6 | Common | Class A Common Stock | 2024-03-15 | S | D | 268 | $204.30 | 14,676 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $204.21 to $204.73, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes (4), (5) and (6) to this Form 4. |