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WATSCO INC — Director's Dealing 2005
Sep 15, 2005
30382_dirs_2005-09-15_e8a10e7a-42fd-4db9-9161-d88ff70f7f62.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WATSCO INC (WSO; WSOB)
CIK: 0000105016
Period of Report: 2005-09-14
Reporting Person: NAHMAD ALBERT H (Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2005-09-14 | Class B Common Stock | M | 225000 | $7.33 | Acquired | 941528 | Direct |
| 2005-09-14 | Common Stock | F | 103644 | $50.27 | Disposed | 163327 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2005-09-14 | Stock Option (right to buy) | $7.33 | M | 225000 | Disposed | 2006-03-01 | Class B Common Stock (225000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 240277 | Indirect |
| Class B Common Stock | 1524301 | Indirect |
| Common Stock | 780 | Indirect |
| Class B Common Stock | 1053496 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $15.17 | 2007-03-21 | Class B Common Stock (300000) | 300000 | Direct |
| Stock Option (right to buy) | $16.0 | 2008-04-06 | Class B Common Stock (375000) | 375000 | Direct |
| Stock Option (right to buy) | $13.875 | 2009-02-19 | Class B Common Stock (200000) | 200000 | Direct |
| Stock Option (right to buy) | $8.94 | 2010-03-15 | Class B Common Stock (200000) | 200000 | Direct |
| Stock Option (right to buy) | $11.30 | 2011-09-24 | Class B Common Stock (100000) | 100000 | Direct |
Footnotes
F1: Reflects shares owned and purchased by Alna Capital Associates, a Limited Partnership
F2: Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust
F3: Award of stock pursuant to Watsco, Inc. Restricted Stock Agreement
F4: The option vests 33 1/3 percent on March 21, 1997, March 21, 1998 and March 21, 1999, respectively
F5: The option vests 33 1/3 percent on April 6, 1998, April 6, 1999 and April 6, 2000, respectively
F6: The option vests 33 1/3 percent on February 19, 1999, February 19, 2000 and February 19, 2001, respectively
F7: The option vests 33 1/3 percent on March 15, 2000, March 15, 2001 and March 15, 2002, respectively
F8: The option vests 33 1/3 percent on September 24, 2001, September 24, 2002 and September 24, 2003, respectively
F9: The option vests 33 1/3 percent on March 1, 1996, March 1, 1997 and March 1, 1998, respectively