WATSCO INC — Director's Dealing 2004

Apr 26, 2004

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: WATSCO INC (WSO; WSOB)
CIK: 0000105016
Period of Report: 2003-12-31

Reporting Person: MOSS BOB L (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	56016	Direct
Common Stock	4000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$16.21	2007-12-18	Common Stock (3375)	3375	Direct
Stock Option (right to buy)	$17.13	2008-12-18	Common Stock (3375)	3375	Direct
Stock Option (right to buy)	$10.31	2009-12-18	Common Stock (3375)	3375	Direct
Stock Option (right to buy)	$11.70	2010-12-18	Common Stock (3375)	3375	Direct
Stock Option (right to buy)	$14.15	2011-12-18	Common Stock (3375)	3375	Direct
Stock Option (right to buy)	$16.02	2012-12-18	Common Stock (3375)	3375	Direct
Stock Option (right to buy)	$22.80	2013-12-18	Common Stock (3375)	3375	Direct

Footnotes

F1: Adjusted to reflect 2,000 shares of common stock gifted to children who do not share reporting person's household. The reporting person disclaims beneficial ownership of the shares held by his children, and this report should not be deemed an admission that the reporting person is the beneficial owner of his children's share for pusposes of Section 16 or for any other purpose.