SEC Form 4 · accession 0001225208-18-003751
WATTS WATER TECHNOLOGIES INC · WTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Pagano Jr.
Officer — President and CEO
Period of report
Feb 20, 2018
Accepted (ET)
Feb 22, 2018 · 4:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000795403
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Feb 20, 2018 | F | 4,230 | $76.60 | D | 135,366 | D | |
| Class A Common Stock | Feb 20, 2018 | S | 10,120 | $76.5736 | D | 125,246 | D | |
| Class A Common Stock | Feb 21, 2018 | S | 6,128 | $77.4149 | D | 119,118 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares required to be withheld by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs purchased under the Issuer's Management Stock Purchase Plan (MSPP) on February 20, 2015. 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 trade by the Reporting Person.