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WATSCO INC Director's Dealing 2021

Jan 14, 2021

30382_dirs_2021-01-14_239510f1-13df-4f5a-96d5-4a25c0208ed5.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: 2021-01-12

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

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-01-12 Class B Common stock $ A 35837 Acquired Class B Common stock (35837) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common stock 1446 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
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 Direct

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

F4: 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.

F5: Reflects shares owned by Albert Capital LP, a limited partnership, over which Mr. Nahmad maintains effective control.