In addition to breakpoints, you can use help watchpoint to see all the commands for watchpoint manipulations. For instance, we might do the following to watch a variable called 'global' for write operation, but only stop if the condition '(global==5)' is true:
(lldb) watch set var global
Watchpoint created: Watchpoint 1: addr = 0x100001018 size = 4 state = enabled type = w
    declare @ '/Volumes/data/lldb/svn/ToT/test/functionalities/watchpoint/watchpoint_commands/condition/main.cpp:12'
(lldb) watch modify -c '(global==5)'
(lldb) watch list
Current watchpoints:
Watchpoint 1: addr = 0x100001018 size = 4 state = enabled type = w
    declare @ '/Volumes/data/lldb/svn/ToT/test/functionalities/watchpoint/watchpoint_commands/condition/main.cpp:12'
    condition = '(global==5)'
(lldb) c
Process 15562 resuming
(lldb) about to write to 'global'...
Process 15562 stopped and was programmatically restarted.
Process 15562 stopped and was programmatically restarted.
Process 15562 stopped and was programmatically restarted.
Process 15562 stopped and was programmatically restarted.
Process 15562 stopped
* thread #1: tid = 0x1c03, 0x0000000100000ef5 a.out`modify + 21 at main.cpp:16, stop reason = watchpoint 1
    frame #0: 0x0000000100000ef5 a.out`modify + 21 at main.cpp:16
   13   
   14   static void modify(int32_t &var) {
   15       ++var;
-> 16   }
   17   
   18   int main(int argc, char** argv) {
   19       int local = 0;
(lldb) bt
* thread #1: tid = 0x1c03, 0x0000000100000ef5 a.out`modify + 21 at main.cpp:16, stop reason = watchpoint 1
    frame #0: 0x0000000100000ef5 a.out`modify + 21 at main.cpp:16
    frame #1: 0x0000000100000eac a.out`main + 108 at main.cpp:25
    frame #2: 0x00007fff8ac9c7e1 libdyld.dylib`start + 1
(lldb) frame var global
(int32_t) global = 5
(lldb) watch list -v
Current watchpoints:
Watchpoint 1: addr = 0x100001018 size = 4 state = enabled type = w
    declare @ '/Volumes/data/lldb/svn/ToT/test/functionalities/watchpoint/watchpoint_commands/condition/main.cpp:12'
    condition = '(global==5)'
    hw_index = 0  hit_count = 5     ignore_count = 0   
(lldb)