Cesar L. Alvarez - May 27, 2022 Form 4 Insider Report for WATSCO INC (WSO)

Role
Director
Signature
/s/ Cesar L. Alvarez
Stock symbol
WSO
Transactions as of
May 27, 2022
Transactions value $
-$1,014,212
Form type
4
Date filed
6/1/2022, 04:26 PM
Previous filing
Mar 29, 2022
Next filing
Jan 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSO Common Stock Options Exercise $575K +4K $143.86 0 May 27, 2022 Direct
transaction WSO Common Stock Sale -$784K -3.1K -100% $253.05 0 May 27, 2022 Direct
transaction WSO Common Stock Sale -$230K -900 -100% $255.29 0 May 27, 2022 Direct

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 Stock Option (right to buy) Options Exercise -$575K -4K -100% $143.86 0 May 27, 2022 Common Stock 4K $143.86 Direct F1
holding WSO Stock Option (right to buy) 4K May 27, 2022 Common Stock 4K $185.12 Direct F2
holding WSO Stock Option (right to buy) 5K May 27, 2022 Common Stock 5K $160.69 Direct F3
holding WSO Stock Option (right to buy) 2.5K May 27, 2022 Common Stock 2.5K $175.07 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vested June 5, 2019.
F2 The options vested June 4, 2020.
F3 The options vested June 3, 2021.
F4 The options vest 33 1/3% on June 1, 2020, June 1, 2021 and June 1, 2022, respectively.