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WATSCO INC — Director's Dealing 2013
Nov 8, 2013
30382_dirs_2013-11-08_63a3b2a5-ac3e-4da4-a5d4-62752ccedf7e.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: 2013-11-06
Reporting Person: NAHMAD ALBERT H (Director, Chairman and CEO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-11-06 | Class B Common Stock | $ | G | 13000 | Disposed | Common Stock (13000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1281 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class B Common Stock | $ | Common Stock (1776342) | 1776342 | Direct | |
| Class B Common Stock | $ | Common Stock (518845) | 518845 | Indirect | |
| Class B Common Stock | $ | Common Stock (1330000) | 1330000 | Indirect |
Footnotes
F1: Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust
F2: Award of stock pursuant to Watsco, Inc. Restricted Stock Agreements, of which 1,415,622 shares are in the name of Albert Henry Captial LP, a limited partnership over which Mr. Nahmad maintains effective control.
F3: Reflects 498,845 shares held by various trusts over which Mr. Nahmad maintains effective control and 20,000 shares held by custodial accounts for Mr. Nahmad's grandchildren, of which Mr. Nahmad is the custodian.
F4: Reflects shares owned by Albert Capital LP, a limited partnership. The sole general partner of Albert Capital LP is a limited liability company, over which Mr. Nahmad maintains effective control.
F5: The Class B Common Stock is convertible into Common Stock at any time on a one-for-one basis and has no expiration date.