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WATSCO INC — Director's Dealing 2023
May 24, 2023
30382_dirs_2023-05-24_461c9f13-71a3-44da-9b6f-ff3fb89763fd.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: 2023-05-22
Reporting Person: ALVAREZ CESAR L (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-05-22 | Common Stock | M | 4000 | $185.12 | Acquired | 0 | Direct |
| 2023-05-22 | Common Stock | S | 4000 | $332.64 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-05-22 | Stock Option (right to buy) | $185.12 | M | 4000 | Disposed | 2023-06-04 | Common Stock (4000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $160.69 | 2024-06-03 | Common Stock (5000) | 5000 | Direct |
| Stock Option (right to buy) | $175.07 | 2025-06-01 | Common Stock (2500) | 2500 | 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 $332.50 to $332.91, 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 options vested June 4, 2020.
F3: The options vested June 3, 2021.
F4: The options vested June 1, 2022.