-----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, NnfnZx5IFvGQHnoyfAlmBc2kUtNsVut+b9E7AYEcA0kP3B1dhXSsCBXIr4PAQ6lo 06XCJZR776X8e1WUAfdK9Q== 0001234694-04-000002.txt : 20040220 0001234694-04-000002.hdr.sgml : 20040220 20040220142611 ACCESSION NUMBER: 0001234694-04-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040218 FILED AS OF DATE: 20040220 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: WATTS WATER TECHNOLOGIES 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 FORMER COMPANY: FORMER CONFORMED NAME: WATTS INDUSTRIES INC DATE OF NAME CHANGE: 19920703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MERCHANT WILLIAM J CENTRAL INDEX KEY: 0001234694 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11499 FILM NUMBER: 04618918 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 edgar.xml PRIMARY DOCUMENT X0201 4 2004-02-18 0000795403 WATTS WATER TECHNOLOGIES INC WTS 0001234694 MERCHANT WILLIAM J C/O WATTS WATER TECHNOLOGIES, INC. 815 CHESTNUT STREET NORTH ANDOVER MA 08145 0 1 0 0 Controller, N. America Op's Class A Common Stock 2004-02-18 4 M 0 1127 0 A 6038 D Class A Common Stock 2004-02-20 4 S 0 1127 22.7145 D 4911 D Restricted Stock Units 0 2004-02-18 4 M 0 1127 0 D Class A Common Stock 1127 4911 D The shares of Class A Common Stock were issued following the vesting of restricted stock units, which were awarded in February 2001 pursuant to the Issuer's Management Stock Purchase Plan in a transaction exempt under Rule 16b-3(d) promulgated under the Exchange Act. The restricted stock units were 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 the award. Includes 4,911 shares of Class A Common Stock issuable upon vesting of previously awarded restricted stock units. The restricted stock units were 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 the award. The restricted stock units vested on February 6, 2004 and were issued to the Reporting Person on February 18, 2004. Kenneth R. Lepage - Attorney in Fact 2004-02-20 EX-24 3 attach_2.htm POWER OF ATTORNEY
LIMITED POWER OF ATTORNEY

FOR SECTION 16 REPORTING OBLIGATIONS

AND NOTICES OF PROPOSED SALES OF SECURITIES

UNDER RULE 144



Know all by these presents, that the undersigned hereby makes, constitutes and appoints each of William C. McCartney, Lester J. Taufen and Kenneth R. Lepage, signing singly and each acting individually, as the undersigned's true and lawful attorney-in-fact with full power and authority as hereinafter described to:

(1) execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of Watts Water Technologies, Inc. (the "Company"), Forms 3, 4, and 5 (including any amendments thereto) in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder (the "Exchange Act");

(2) execute for and on behalf of the undersigned Forms 144 (including any amendments thereto) pursuant to Rule 144 under the Securities Act of 1933 (the "Securities Act");

(3) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to prepare, complete and execute any such Form 3, 4, or 5 or Form 144, prepare, complete and execute any amendment or amendments thereto, and timely deliver and file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority;

(4) seek or obtain, as the undersigned's representative and on the undersigned's behalf, information regarding transactions in the Company's securities from any third party, including brokers, employee benefit plan administrators and trustees, and the undersigned hereby authorizes any such person to release any such information to such attorney-in-fact and approves and ratifies any such release of information; and

(5) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted.  The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming nor relieving, nor is the Company assuming nor relieving, any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act or Rule 144 under the Securities Act.  The undersigned acknowledges that neither the Company nor the f
oregoing attorneys-in-fact assume (i) any liability for the undersigned's responsibility to comply with the requirements of the Exchange Act and Securities Act, (ii) any liability of the undersigned for any failure to comply with such requirements, or (iii) any obligation or liability of the undersigned for profit disgorgement under Section 16(b) of the Exchange Act.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.



IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 28th day of  January, 2004.

/s/ William J. Merchant

Signature



William J. Merchant

Print Name













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