SEC Form 5 · accession 0001225208-18-002017
WATTS WATER TECHNOLOGIES INC · WTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy P Horne
10% Owner
Period of report
Dec 31, 2017
Accepted (ET)
Feb 2, 2018 · 11:02 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000795403
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF3,F1,F2 | — | Dec 27, 2017 | G | 1,050 | A | — | — | Class A Common Stock | 1,050 | 5,080,340 | I |
| Class B Common StockF4,F3,F1,F2 | — | Dec 27, 2017 | G | 1,050 | D | — | — | Class A Common Stock | 1,050 | 5,079,290 | I |
| Class B Common StockF1,F2 | — | holding | — | — | — | — | — | Class A Common Stock | 1,250,000 | 1,250,000 | D |
Explanation of responses
- F1Shares of Class B Common Stock are convertible into shares of Class A Common Stock on a 1-for-1 basis.
- F2All shares of Class B Common Stock were convertible into Class A Common Stock upon issuance and do not have an expiration date.
- F3Consists 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) 22,600 shares held in a trust for the benefit of Tiffany Horne Noonan, (v) 131,690 shares held in a trust for the benefit of Tiffany Horne Noonan, (vi) 55,000 shares held in a trust for the benefit of Tara V. Horne, (vii) 40,000 shares held in a trust for the benefit of Tiffany Horne Noonan, (viii) 525 shares held in a trust for the benefit of Kiera R. Noonan, and (ix) 525 shares held in a trust for the benefit of Tessa R. Noonan.
- F4On December 27, 2017, 1050 shares of Class B Common Stock were transferred by gift from a trust for the benefit of Tiffany Horne Noonan. Of this amount, 525 shares were transferred by gift to a new trust for the benefit of Kiera R. Noonan, and 525 shares were transferred to a new trust for the benefit of Tessa R. Noonan. The shares held by these new trusts are subject to the Amended and Restated George B. Horne Voting Trust Agreement - 1997 for which the Reporting Person serves as trustee (the "Voting Trust"). Following these transfers, 131,960 shares remain held by the trust for the benefit of Tiffany Horne Noonan and are subject to the Voting Trust.