WATSCO INC — Director's Dealing 2010

Oct 26, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATSCO INC (WSO; WSOB)
CIK: 0000105016
Period of Report: 2010-10-22

Reporting Person: MENENDEZ ANA M (CFO / Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-22	Common Stock	F	7105	$56.02	Disposed	3041	Direct
2010-10-22	Common Stock	M	15000	$9.63	Acquired	15000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-22	Stock Option (right to buy)	$9.63	M	15000	Disposed	2010-11-03	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	40000	Direct
Common Stock	1064	Indirect
Class B Common Stock	20000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$12.95	2011-11-03	Common Stock (15000)	15000	Direct
Stock Option (right to buy)	$21.95	2013-11-03	Common Stock (15000)	15000	Direct
Stock Option (right to buy)	$56.09	2015-07-23	Class B Common Stock (7500)	7500	Direct
Stock Option (right to buy)	$56.09	2015-07-23	Class B Common Stock (7500)	7500	Direct

Footnotes

F1: Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust

F2: Award of stock pursuant to Watsco, Inc. Restricted Stock Agreement

F3: The option vested 20% on November 3, 2001, November 3, 2002, November 3, 2003, November 3, 2004 and November 3, 2005, respectively

F4: The option vested 20% on November 3, 2002, November 3, 2003, November 3, 2004, November 3, 2005 and November 3, 2006, respectively

F5: The option vested 20% on November 3, 2004, November 3, 2005, November 3, 2006, November 3, 2007 and November 3, 2008, respectively