Filing Details

Accession Number:
0001225208-24-004279
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-18 15:23:29
Reporting Period:
2024-03-15
Accepted Time:
2024-03-18 15:23:29
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
795403 Watts Water Technologies Inc WTS Miscellaneous Fabricated Metal Products (3490) 042916536
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1661822 A Virginia Halloran 815 Chestnut Street
North Andover MA 01845
Chief Accounting Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2024-03-15 273 $163.23 15,091 No 4 A Direct
Class A Common Stock Disposition 2024-03-15 45 $204.04 15,046 No 4 F Direct
Class A Common Stock Disposition 2024-03-15 102 $204.04 14,944 No 4 F Direct
Class A Common Stock Disposition 2024-03-15 268 $204.30 14,676 No 4 S Direct
Class A Common Stock Disposition 2024-03-15 463 $203.47 14,213 No 4 S Direct
Class A Common Stock Disposition 2024-03-15 676 $201.78 13,537 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. 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.
  2. 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. 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.
  4. 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.
  5. 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.
  6. 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.