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WATSCO INC Director's Dealing 2022

Mar 25, 2022

30382_dirs_2022-03-25_8b7c8e09-bc6c-44ad-aa74-2e512e2b4efc.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: 2022-03-23

Reporting Person: Keeley Brian E. (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-03-23 Common Stock M 5000 $185.12 Acquired 0 Direct
2022-03-23 Common Stock S 5000 $300.2584 Disposed 0 Direct
2022-03-23 Common Stock M 6000 $160.69 Acquired 0 Direct
2022-03-23 Common Stock S 3432 $299.3582 Disposed 0 Direct
2022-03-23 Common Stock S 2568 $299.00 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-03-23 Stock Option (right to buy) $185.12 M 5000 Disposed 2023-06-04 Common Stock (5000) Direct
2022-03-23 Stock Option (right to buy) $160.69 M 6000 Disposed 2024-06-03 Common Stock (6000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4323 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $175.07 2025-06-01 Common Stock (3500) 3500 Direct

Footnotes

F1: The price reported in Column 8 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.00 to $300.53, inclusive. The reporting person undertakes to provide Watsco, any security holder of Watsco or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1) to this Form 4.

F2: The price reported in Column 8 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $299.05 to $300.045, inclusive. The reporting person undertakes to provide Watsco, any security holder of Watsco or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.

F3: The options vested 33 1/3% on June 4, 2018, June 4, 2019 and June 4, 2020, respectively.

F4: The options vested 33 1/3% on June 3, 2019, June 3, 2020 and June 3, 2021, respectively.

F5: The options vest 33 1/3% on June 1, 2020, June 1, 2021 and June 1, 2022, respectively.