Brian E. Keeley - 23 Mar 2022 Form 4 Insider Report for WATSCO INC (WSO)

Role
Director
Signature
/s/ Brian E. Keeley
Issuer symbol
WSO
Transactions as of
23 Mar 2022
Net transactions value
-$3,296,521
Form type
4
Filing time
25 Mar 2022, 16:08:42 UTC
Previous filing
13 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSO Common Stock Options Exercise $925,600 +5,000 $185.12 0 23 Mar 2022 Direct
transaction WSO Common Stock Sale $1,501,292 -5,000 -100% $300.26 0 23 Mar 2022 Direct F1
transaction WSO Common Stock Options Exercise $964,140 +6,000 $160.69 0 23 Mar 2022 Direct
transaction WSO Common Stock Sale $1,027,397 -3,432 -100% $299.36 0 23 Mar 2022 Direct F2
transaction WSO Common Stock Sale $767,832 -2,568 -100% $299.00 0 23 Mar 2022 Direct
holding WSO Common Stock 4,323 23 Mar 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 $925,600 -5,000 -100% $185.12 0 23 Mar 2022 Common Stock 5,000 $185.12 Direct F3
transaction WSO Stock Option (right to buy) Options Exercise $964,140 -6,000 -100% $160.69 0 23 Mar 2022 Common Stock 6,000 $160.69 Direct F4
holding WSO Stock Option (right to buy) 3,500 23 Mar 2022 Common Stock 3,500 $175.07 Direct F5
* 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 $300.00 to $300.53, 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 price reported in Column 8 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $299.05 to $300.045, 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 (2) to this Form 4.
F3 The options vested 33 1/3% on June 4, 2018, June 4, 2019 and June 4, 2020, respectively.
F4 The options vested 33 1/3% on June 3, 2019, June 3, 2020 and June 3, 2021, respectively.
F5 The options vest 33 1/3% on June 1, 2020, June 1, 2021 and June 1, 2022, respectively.