J. Michael Custer - 06 Jun 2023 Form 4 Insider Report for WATSCO INC (WSO)

Reporting relationship: Director
Issuer ticker: WSO
Reported as of: 06 Jun 2023
Net transaction value: -$433,690
SEC form: 4
Accepted by SEC: 08 Jun 2023, 16:14:41 UTC
Prior SEC filing: 01 Mar 2023
Next SEC filing: 03 Aug 2023
Source filing: View source filing
Reporting owner signature: /s/ J. Michael Custer

Key filing fact

J. Michael Custer filed Form 4 for WATSCO INC (WSO) on 08 Jun 2023.

Key facts

This page summarizes J. Michael Custer's Form 4 filing for WATSCO INC (WSO).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 08 Jun 2023, 16:14.

Change

Previous filing in this sequence was filed on 01 Mar 2023.
Current net transaction value: -$433,690.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WSO transaction

Common stock

Options Exercise

Transaction value: $433,887
Shares: +1,667
Change %
Price: $260.28
Shares after: 0
Date: 06 Jun 2023
Ownership: Direct

WSO transaction

Common stock

Tax liability

Transaction value: $433,690
Shares: -1,257
Change %: -75%
Price: $345.02
Shares after: 410
Date: 06 Jun 2023
Ownership: Direct

WSO holding

Common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,676
Date: 06 Jun 2023
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WSO transaction Derivative

Stock Option (right to buy)

Options Exercise

Transaction value: $433,887
Shares: -1,667
Change %: -50%
Price: $260.28
Shares after: 1,666
Date: 06 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,000
Exercise price: $260.28
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The options vest 33 1/3% on June 6, 2022, June 6, 2023 and June 6, 2024, respectively.

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