Noonan Joseph T Form 4 WATTS WATER / Joseph T Noonan ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Noonan Joseph T

(Last) (First) (Middle)

815 CHESTNUT STREET

(Street)

NORTH ANDOVER MA 01845

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WATTS WATER TECHNOLOGIES INC [ WTS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/12/2019

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class B Common Stock	(1)	12/12/2019		G	V	397		(2)	(2)	Class A Common Stock	397	$0.0000	1,447	I(3)	The Kiera R. Noonan Trust - 2017
Class B Common Stock	(1)	12/12/2019		G	V	397		(2)	(2)	Class A Common Stock	397	$0.0000	922	I(4)	The Liv R. Noonan Trust - 2017
Class B Common Stock	(1)	12/12/2019		G	V	397		(2)	(2)	Class A Common Stock	397	$0.0000	1,447	I(5)	The Tessa R. Noonan Trust - 2017

Explanation of Responses:

1. Shares of Class B Common Stock are convertible into shares of Class A Common Stock on a 1-for-1 basis.

2. All shares of Class B Common Stock were convertible into Class A Common Stock upon issuance and do not have an expiration date.

3. The shares are held by the Kiera R. Noonan Trust - 2017, which was established for the benefit of the Reporting Person's daughter. The Reporting Person serves as trustee of this trust.

4. The shares are held by the Liv R. Noonan Trust - 2017, which was established for the benefit of the Reporting Person's daughter. The Reporting Person serves as trustee of this trust.

5. The shares are held by the Tessa R. Noonan Trust - 2017, which was established for the benefit of the Reporting Person's daughter. The Reporting Person serves as trustee of this trust.

	/s/ Seth M. Kipp, Attorney-in-Fact	12/16/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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