Patel Shashank 4
4 · WATTS WATER TECHNOLOGIES INC · Filed Mar 18, 2024
Insider Transaction Report
Form 4
Patel Shashank
Chief Financial Officer
Transactions
- Tax Payment
Class A Common Stock
2024-03-15$204.04/sh−446$91,002→ 22,657 total - Tax Payment
Class A Common Stock
2024-03-15$204.04/sh−945$192,818→ 21,712 total
Footnotes (2)
- [F1]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.
- [F2]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.