Cesar L. Alvarez - Dec 12, 2023 Form 4 Insider Report for WATSCO INC (WSO; WSOB)

Role
Director
Signature
/s/ Cesar L. Alvarez
Stock symbol
WSO; WSOB
Transactions as of
Dec 12, 2023
Transactions value $
-$2,061,700
Form type
4
Date filed
12/14/2023, 04:24 PM
Previous filing
May 24, 2023
Next filing
Jan 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSO; WSOB Common Stock Options Exercise $803K +5K $160.69 0 Dec 12, 2023 Direct
transaction WSO; WSOB Common Stock Sale -$2.06M -5K -100% $412.34 0 Dec 12, 2023 Direct 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; WSOB Stock Option (right to buy) Options Exercise -$803K -5K -100% $160.69 0 Dec 12, 2023 Common Stock 5K $160.69 Direct F2
holding WSO; WSOB Stock Option (right to buy) 2.5K Dec 12, 2023 Common Stock 2.5K $175.07 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 8 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $412.12 to $412.91, 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 3, 2021.
F3 The options vested June 1, 2022.