1) Swipe down on the watch face to go to Control Center and tap the Find Phone button. The band will display "Searching..." and the phone will ring. Tap the Close icon (X) on the band to stop the ringing.
2) Swipe down on the watch face to go to the app list and tap More > Find Phone. The band will display "Searching..." and the phone will ring. Tap the Close icon (X) on the band to stop the ringing.