SEC Form 4 · accession 0001225208-18-005732
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
Mar 6, 2018
Accepted (ET)
Mar 8, 2018 · 12:50 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 StockF1 | Mar 6, 2018 | C | 50,000 | $0.00 | A | 50,000 | D |
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 StockF1,F2 | — | Mar 6, 2018 | C | 50,000 | D | — | — | Class A Common Stock | 50,000 | 1,200,000 | D |
| Class B Common StockF3,F1,F2 | — | holding | — | — | — | — | — | Class A Common Stock | 5,079,290 | 5,079,290 | I |
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) 130,115 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) 1050 shares held in a trust for the benefit of Kiera R. Noonan, (ix) 1050 shares held in a trust for the benefit of Tessa R. Noonan, and (x) 525 shares held in trust for the benefit of Liv R. Noonan.