WATSCO INC — Director's Dealing 2009

Feb 10, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATSCO INC (WSO; WSOB)
CIK: 0000105016
Period of Report: 2009-02-06

Reporting Person: NAHMAD ALBERT H (Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-02-06	Class B Common Stock	F	63617	$36.25	Disposed	894741	Direct
2009-02-06	Class B Common Stock	M	200000	$13.875	Acquired	200000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-02-06	Stock Option (right to buy)	$13.875	M	200000	Disposed	2009-02-09	Class B Common Stock (200000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	766886	Indirect
Common Stock	992	Indirect
Class B Common Stock	1259811	Direct
Class B Common Stock	427750	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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 9, 1999, February 9, 2000 and February 9, 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