WATSCO INC — Director's Dealing 2013

Oct 23, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATSCO INC (WSO; WSOB)
CIK: 0000105016
Period of Report: 2013-10-21

Reporting Person: MENENDEZ ANA M (CFO / Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-10-21	Common Stock	F	7779	$94.75	Disposed	13954	Direct
2013-10-21	Common Stock	M	15000	$21.95	Acquired	15000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-10-21	Stock Option (right to buy)	$21.95	M	15000	Disposed	2013-11-03	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	40000	Direct
Common Stock	1220	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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
Class B Common Stock	$		Common Stock (3500)	35200	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, 2004, November 3, 2005, November 3, 2006, November 3, 2007 and November 3, 2008, respectively

F4: The Class B Common Stock is convertible into Common Stock at any time on a one-for-one basis and has no expiration date