4//SEC Filing
Melhem Elie 4
Accession 0001225208-24-004281
CIK 0000795403other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 3:23 PM ET
Size
8.8 KB
Accession
0001225208-24-004281
Insider Transaction Report
Form 4
Melhem Elie
President, Asia
Transactions
- Tax Payment
Class A Common Stock
2024-03-15$204.04/sh−615$125,485→ 15,277 total - Tax Payment
Class A Common Stock
2024-03-15$204.04/sh−291$59,376→ 15,892 total - Award
Class A Common Stock
2024-03-15$163.23/sh+1,394$227,543→ 16,183 total
Footnotes (3)
- [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.
- [F3]Represents the number of shares required to be withheld to cover tax withholding obligations in connection with the vesting of restricted stock units (RSUs) purchased by the Reporting Person under the Issuer's Management Stock Purchase Plan (MSPP) on March 15, 2021. 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 transaction by the Reporting Person.
Documents
Issuer
WATTS WATER TECHNOLOGIES INC
CIK 0000795403
Entity typeother
Related Parties
1- filerCIK 0001533055
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 3:23 PM ET
- Size
- 8.8 KB