WATSCO INC — Director's Dealing 2018

Mar 15, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATSCO INC (WSO; WSOB)
CIK: 0000105016
Period of Report: 2018-03-13

Reporting Person: Dickins Denise (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-13	Common stock	M	7500	$121.84	Acquired	0	Direct
2018-03-13	Common stock	F	5041	$181.27	Disposed	2459	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-13	Stock Option (right to buy)	$121.84	M	7500	Disposed	2020-11-09	Common Stock (7500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock	5060	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$142.21	2021-07-01	Common Stock (6000)	6000	Direct
Stock Option (right to buy)	$143.86	2022-06-05	Common Stock (6000)	6000	Direct

Footnotes

F1: The option vested 33 1/3% on November 9, 2015, November 9, 2016 and November 9, 2017, respectively.

F2: The options vest 33 1/3% on July 1, 2016, July 1, 2017 and July 1, 2018, respectively.

F3: The options vest 33 1/3% on June 5, 2017, June 5, 2018 and June 5, 2019, respectively.