Barry Monica 4
4 · WATTS WATER TECHNOLOGIES INC · Filed Mar 18, 2024
Insider Transaction Report
Form 4
Barry Monica
Chief HR Officer
Transactions
- Award
Class A Common Stock
2024-03-15$163.23/sh+456$74,433→ 6,178 total - Tax Payment
Class A Common Stock
2024-03-15$204.04/sh−189$38,564→ 5,989 total
Footnotes (2)
- [F1]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.
- [F2]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.