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

Role
Chairman and CEO, Director
Signature
/s/ Albert H. Nahmad
Stock symbol
WSO
Transactions as of
Jan 11, 2022
Transactions value $
$9,999,877
Form type
4
Date filed
1/13/2022, 04:24 PM
Previous filing
Jan 13, 2022
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WSO Common stock 1.47K Jan 11, 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 $10M +32.6K +75.96% $306.82 75.5K Jan 11, 2022 Class B Common stock 32.6K Direct F2, F5
holding WSO Class B Common stock 1.42M Jan 11, 2022 Class B Common stock 1.42M See footnote F2, F3
holding WSO Class B Common stock 902K Jan 11, 2022 Class B Common stock 902K See footnote F2, F4
holding WSO Class B Common stock 530K Jan 11, 2022 Class B Common stock 530K See footnote F2, F6
holding WSO Class B Common stock 1.33M Jan 11, 2022 Class B Common stock 1.33M See footnote F2, F7
holding WSO Class B Common stock 207K Jan 11, 2022 Class B Common stock 207K 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.