Munish Nanda - Feb 7, 2022 Form 4 Insider Report for WATTS WATER TECHNOLOGIES INC (WTS)

Signature
/s/ Seth M. Kipp, Attorney-in-Fact
Stock symbol
WTS
Transactions as of
Feb 7, 2022
Transactions value $
-$519,276
Form type
4
Date filed
2/9/2022, 09:09 AM
Previous filing
May 26, 2021
Next filing
Mar 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTS Class A Common Stock Award $0 +9.97K +52.28% $0.00 29K Feb 7, 2022 Direct F1
transaction WTS Class A Common Stock Tax liability -$519K -3.46K -11.9% $150.21 25.6K Feb 7, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares issued to the Reporting Person as a result of the vesting of performance stock units granted to the Reporting Person on March 7, 2019.
F2 Represents shares disposed to cover taxes upon the vesting of performance stock units granted to the Reporting Person on March 7, 2019. 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.