WATSCO INC — Director's Dealing 2021

Mar 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WATSCO INC (WSO; WSOB)
CIK: 0000105016
Period of Report: 2021-03-10

Reporting Person: NAHMAD ALBERT H (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-10	Common stock	J	25	$226.55	Acquired	1471	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common stock	$		Class B Common stock (1415622)	1415622	Indirect
Class B Common stock	$		Class B Common stock (902006)	902006	Indirect
Class B Common stock	$		Class B Common stock (42909)	42909	Direct
Class B Common stock	$		Class B Common stock (530081)	530081	Indirect
Class B Common stock	$		Class B Common stock (1330000)	1330000	Indirect
Class B Common stock	$		Class B Common stock (206976)	206976	Indirect

Footnotes

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

F2: The Class B Common Stock is convertible into Common Stock at any time on a one-for-one basis and has no expiration date.

F3: Shares issued under Restricted Stock Agreements held by Albert Henry Capital L.P., a limited partnership over which Mr. Nahmad maintains effective control.

F4: Shares issued under Restricted Stock Agreements held by My Pal Al, L.P., a limited partnership over which Mr. Nahmad maintains effective control.

F5: Award of stock pursuant to Watsco, Inc. Restricted Stock Agreement.

F6: Reflects 498,845 shares held by various trusts over which Mr. Nahmad maintains effective control and 31,236 shares held by custodial accounts for Mr. Nahmad's grandchildren, of which Mr. Nahmad is the custodian.

F7: Reflects shares owned by Albert Capital LP, a limited partnership, over which Mr. Nahmad maintains effective control.

F8: Reflects shares owned by Colon Boy LP, a limited partnership, over which Mr. Nahmad maintains effective control.