WATSCO INC — Director's Dealing 2007

Jan 30, 2007

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: WATSCO INC (WSO; WSOB)
CIK: 0000105016
Period of Report: 2006-12-31

Reporting Person: NAHMAD ALBERT H (Chairman and CEO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	766886	Indirect
Common Stock	832	Indirect
Class B Common Stock	1259811	Direct
Class B Common Stock	1091528	Direct
Common Stock	10741	Direct
Class B Common Stock	150000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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 by Alna Capital Associates, a limited partnership, of which Mr. Nahmad has 99.996% ownership and is the sole general partner

F2: Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust

F3: Award of stock pursuant to Watsco, Inc. Restricted Stock Agreements

F4: Reflects shares owned by the Nahmad 2006 Grantor Annuity Trust

F5: The options vested 33 1/3% on April 6, 1998, April 6, 1999 and April 6, 2000, respectively

F6: The options vested 33 1/3% on February 19, 1999, February 19, 2000 and February 19, 2001, respectively

F7: The options vested 33 1/3% on March 15, 2000, March 15, 2001 and March 15, 2002, respectively

F8: The options vested 33 1/3% on September 24, 2001, September 24, 2002 and September 24, 2003, respectively