AI assistant
WATSCO INC — Director's Dealing 2009
Feb 10, 2009
30382_dirs_2009-02-10_d61089b1-33d3-4a3e-b1a5-32f952b73bb4.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WATSCO INC (WSO; WSOB)
CIK: 0000105016
Period of Report: 2009-02-06
Reporting Person: LOGAN BARRY S (Senior Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2009-02-06 | Common Stock | F | 19719 | $32.28 | Disposed | 7829 | Direct |
| 2009-02-06 | Class B Common Stock | M | 41394 | $36.25 | Acquired | 30556 | 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 | 50000 | Disposed | 2009-02-09 | Class B Common Stock (50000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 450 | Indirect |
| Common Stock | 2029 | Indirect |
| Common Stock | 108750 | Direct |
| Class B Common Stock | 70000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $8.94 | 2010-03-15 | Common Stock (75000) | 75000 | Direct |
| Stock Option (right to buy) | $11.30 | 2011-09-24 | Class B Common Stock (50000) | 50000 | Direct |
Footnotes
F1: Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust
F2: Award of stock pursuant to Restricted Stock Agreement
F3: Since the date of the reporting person's last ownership report, he transferred fifty percent (50%) of his Common Stock to his ex-spouse pursuant to a domestic relations order. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.
F4: Pursuant to the terms of a domestic relations order, the economic benefits of fifty percent (50%) of all the reporting person's options were transferred to his ex-spouse such that the exercise of which would be in her sole discretion and she would be entitled to all shares received in connection therewith. The reporting person disclaims beneficial ownership of these options except to the extent of his pecuniary interest therein.