Got this from the internet...
Watches are classified by their degree of water resistance, which roughly translates to the following (1 metre = 3.2808398950131 feet):
Water resistance rating Suitability Remarks
Water Resistant or 50 m Suitable for swimming, no snorkeling water related work, and fishing. NOT suitable for diving.
Water Resistant 100 m Suitable for recreational surfing, swimming, snorkeling, sailing and water sports. NOT suitable for diving.
Water Resistant 200 m Suitable for professional marine activity and serious surface water sports. NOT suitable for diving.
Diver's 100 m Minimum ISO standard (ISO 6425) for scuba diving at depths NOT suitable for saturation diving. Diver's 100 m and 150 m watches are generally old(er) watches.
Diver's 200 m or 300 m Suitable for scuba diving at depths NOT suitable for saturation diving. Typical ratings for contemporary diver's watches.
Diver's 300+ m for mixed-gas diving Suitable for saturation diving (helium enriched environment). Watches designed for mixed-gas diving will have the DIVER’S WATCH L M FOR MIXED-GAS DIVING additional marking to point this out.