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WATSCO INC — Director's Dealing 2008
Jun 16, 2008
30382_dirs_2008-06-16_9418488d-ee2a-49e0-b6cb-a13a18ce0d13.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: 2008-06-16
Reporting Person: NAHMAD ALBERT H (Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-06-16 | Class B Common Stock | Z | 272250 | $41.46 | Acquired | 958358 | Direct |
| 2008-06-16 | Class B Common Stock | Z | 272250 | $41.46 | Disposed | 427750 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class B Common Stock | 766886 | Indirect |
| Common Stock | 992 | Indirect |
| Class B Common Stock | 1259811 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| 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 is the sole general partner and accordingly, possesses all voting power for Alna's shares
F2: Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust
F3: Award of stock pursuant to Watsco, Inc. Restricted Stock Agreements
F4: The options vested 33 1/3% on February 19, 1999, February 19, 2000 and February 19, 2001, respectively
F5: The options vested 33 1/3% on March 15, 2000, March 15, 2001 and March 15, 2002, respectively
F6: The options vested 33 1/3% on September 24, 2001, September 24, 2002 and September 24, 2003, respectively
F7: Reflects shares owned by various grantor retained annuity trusts, of which Mr. Nahmad is the sole trustee