Albert H. Nahmad - 11 Jan 2022 Form 4 Insider Report for WATSCO INC (WSO)

Role
Chairman and CEO, Director
Signature
/s/ Albert H. Nahmad
Issuer symbol
WSO
Transactions as of
11 Jan 2022
Net transactions value
+$9,999,877
Form type
4
Filing time
13 Jan 2022, 16:24:28 UTC
Previous filing
13 Jan 2022
Next filing
16 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WSO Common stock 1,471 11 Jan 2022 See footnote F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WSO Class B Common stock Award $9,999,877 +32,592 +76% $306.82 75,501 11 Jan 2022 Class B Common stock 32,592 Direct F2, F5
holding WSO Class B Common stock 1,415,622 11 Jan 2022 Class B Common stock 1,415,622 See footnote F2, F3
holding WSO Class B Common stock 902,006 11 Jan 2022 Class B Common stock 902,006 See footnote F2, F4
holding WSO Class B Common stock 530,081 11 Jan 2022 Class B Common stock 530,081 See footnote F2, F6
holding WSO Class B Common stock 1,330,000 11 Jan 2022 Class B Common stock 1,330,000 See footnote F2, F7
holding WSO Class B Common stock 206,976 11 Jan 2022 Class B Common stock 206,976 See footnote F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.