UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

 

February 12, 2004

Date of Report (Date of earliest event reported)

 

WATER PIK TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

(State or other jurisdiction of incorporation or organization)

 

 

 

Item 5.  Other Events.

 

Effective on the dates set forth below, three executive officers of Water Pik Technologies, Inc. (the “Company”) entered into stock trading plans under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the “Rule 10b5-1 Plans”), with the Company.  The shares of Common Stock of the Company to be disposed of by the executive officers under the Rule 10b5-1 plans were originally purchased through loans from the Company pursuant to the terms of the Stock Acquisition and Retention Program (“SARP”) under the Company’s Employee Stock Purchase Plan.  The Rule 10b5-1 plans provide for tendering outstanding SARP-purchased shares to the Company in the future to repay loans and satisfy tax obligations that may be due upon removal of restrictions on SARP restricted stock.  The tender of shares to the Company to satisfy these obligations is permitted under the terms of the SARP.  No shares will be sold in the open market under the terms of these Rule 10b5-1 Plans.  The Company will administer the Rule 10b5-1 plans.

 

The following executive officers adopted the above-referenced Rule 10b5-1 Plans:

 

Name of Company Executive Officer		Effective Date of Rule 10b5-1 Plan
Theresa Hope-Reese		February 13, 2004
Robert A. Shortt		February 13, 2004
Victor C. Streufert		February 12, 2004

 

Item 7. Financial Statements and Exhibits.

 

(c)           Exhibits

 

The following exhibit is furnished in accordance with Item 601 of Regulation S-K:

 

10.1                           Form of Rule 10b5-1 Plan entered into by the Company and each of Theresa Hope-Reese, Robert A. Shortt and Victor C. Streufert.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

			WATER PIK TECHNOLOGIES, INC.
Date:	February 17, 2004		By:	/s/  RICHARD D. TIPTON
				Richard D. Tipton,
				Vice President, General Counsel
				and Secretary

 

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EXHIBIT INDEX

 

Exhibit No.		Exhibit
10.1		Form of Rule 10b5-1 Plan entered into by the Company and each of Theresa Hope-Reese, Robert A. Shortt and Victor C. Streufert.

 

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