-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QUgtDu/stvcdAW/SG9XQ9b2q1d3RVY0zAhBUAbreAtVrU1MlBNHweg/Hm2QoyeuR joYHIiXmSvVYQd4Z140I3w== 0001171520-03-000212.txt : 20030807 0001171520-03-000212.hdr.sgml : 20030807 20030807163816 ACCESSION NUMBER: 0001171520-03-000212 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20030806 FILED AS OF DATE: 20030807 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: WATTS INDUSTRIES INC CENTRAL INDEX KEY: 0000795403 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490] IRS NUMBER: 042916536 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 815 CHESTNUT ST CITY: NORTH ANDOVER STATE: MA ZIP: 01845 BUSINESS PHONE: 9786881811 MAIL ADDRESS: STREET 1: 815 CHESTNUT STREET CITY: NORTH ANDOVER STATE: MA ZIP: 01845 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MCCARTNEY WILLIAM C CENTRAL INDEX KEY: 0001234682 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11499 FILM NUMBER: 03829099 BUSINESS ADDRESS: STREET 1: WATTS INDUSTRIES INC STREET 2: ROUTE 815 CHESTNUT ST CITY: NORTH ANDOVER STATE: MA ZIP: 01845 BUSINESS PHONE: 9786881811 MAIL ADDRESS: STREET 1: WATTS INDUSTRIES INC STREET 2: ROUTE 815 CHESTNUT ST CITY: NORTH ANDOVER STATE: MA ZIP: 01845 4 1 d1224_ex.xml X0201 4 2003-08-06 0 0000795403 WATTS INDUSTRIES INC WTS 0001234682 MCCARTNEY WILLIAM C C/O WATTS INDUSTRIES INC 815 CHESTNUT ST NORTH ANDOVER MA 01845 0 1 0 0 Chief Financial Officer Class A Common Stock 2000 D Incentive Stock Option 15.35 2004-09-01 Class A Common Stock 16245 16245 D Incentive Stock Option 15.107 2005-09-01 Class A Common Stock 16245 16245 D Incentive Stock Option 10.583 2006-08-06 Class A Common Stock 6101 6101 D Restricted Stock Unit 7.937 Class A Common Stock 1663 1663 D Incentive Stock Option 16.40 2007-08-05 Class A Common Stock 16245 16245 D Restricted Stock Unit 12.30 Class A Common Stock 3381 3381 D Incentive Stock Option 11.916 2008-08-11 Class A Common Stock 12380 12380 D Restricted Stock Unit 7.984 Class A Common Stock 3003 3003 D Incentive Stock Option 12.441 2009-08-10 Class A Common Stock 18565 18565 D Restricted Stock Unit 8.336 Class A Common Stock 1371 1371 D Incentive Stock Option 11.375 2010-07-25 Class A Common Stock 25000 25000 D Restricted Stock Unit 9.547 Class A Common Stock 3982 3982 D Restricted Stock Unit 10.00 Class A Common Stock 8012 8012 D Incentive Stock Option 15.45 2011-08-20 Class A Common Stock 25000 25000 D Restricted Stock Unit 9.3667 Class A Common Stock 5622 5622 D Incentive Stock Option 15.75 2012-07-24 Class A Common Stock 25000 25000 D Restricted Stock Unit 10.51 Class A Common Stock 18761 18761 D Incentive Stock Option 17.50 2003-08-06 4 A 0 25000 17.50 A 2013-08-06 Class A Common Stock 25000 25000 D Options granted pursuant to the Watts Industries, Inc. 1986 Incentive Stock Option Plan in a transaction exempt under Rule 16b-3 promulgated under the Exchange Act. 16,245 shares currently exercisable. 16,245 shares are currently exercisable. 6,101 shares are currently exercisable. Awarded pursuant to the Watts Industries, Inc. Management Stock Purchase Plan in a transaction exempt under Rule 16b-3(d) promulgated under the Exchange Act. RSUs are awarded in lieu of all or a portion of the reporting person's annual bonus at the reporting person's election at a price equal to 75% of the fair market value of the Class A Common Stock on the date of award. Restricted Stock Units (RSUs) vest three years from the date of award and entitle the owner to one share of Class A Common Stock for each vested RSU on such date or a later date if a deferral period was selected by such owner. All or a portion of the non-vested RSUs will be canceled in the event of termination of employment, death or permanent disability. Granted pursuant to the Watts Industries, Inc. 1996 Stock Option Plan in a transaction exempt from Section 16b of the Exchange Act. 3,249 shares exercisable on August 5th in each of 1998, 1999, 2000, 2001 and 2002. 2,476 shares exercisable on August 11th in each of 1999, 2000, 2001, 2002, and 2003. Awarded pursuant to the Watts Industries, Inc. Management Stock Purchase Plan in a transaction exempt under Rule 16b-3(d) promulgated under the Exchange Act. RSUs are awarded in lieu of all or a portion of the reporting person's annual bonus at the reporting person's election at a price equal to 67% of the fair market value of the Class A Common Stock on the date of award. 3,713 shares exercisable on each of August 10th, 2000, 2001, 2002, 2003 and 2004. The number of shares underlying options and exercise prices and the number of shares underlying Restricted Stock Units (RSUs) and the price of such RSUs were adjusted equally for all of the Company's Class A Common Stock to reflect the Company's spin-off of CIRCOR International, Inc. on October 18, 1999. Shareholders of the Company received a dividend of one share of common stock in CIRCOR for every two shares of Company common stock. The dividend and options/RSUs adjustment are exempt in accordance with Rule 16a-9(a) under the Exchange Act. 5,000 shares exercisable on each of July 25, 2001, 2002, 2003, 2004, and 2005. 5,000 shares exercisable on each of August 20, 2002, 2003, 2004, 2005, and 2006. 5,000 shares are exercisable on each July 24, 2003, 2004, 2005, 2006 and 2007. 5,000 shares are exercisable on each August 6, 2004, 2005, 2006, 2007 and 2008. William C. McCartney 2003-08-06 -----END PRIVACY-ENHANCED MESSAGE-----