Michael Custer - Feb 27, 2023 Form 4 Insider Report for WATSCO INC (WSO)

Role
Director
Signature
/s/ J. Michael Custer
Stock symbol
WSO
Transactions as of
Feb 27, 2023
Transactions value $
-$1,674,700
Form type
4
Date filed
3/1/2023, 03:05 PM
Previous filing
Jan 12, 2023
Next filing
Jun 8, 2023
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 $803K +5K $160.69 0 Feb 27, 2023 Direct
transaction WSO Common stock Tax liability -$803K -2.63K -52.68% $304.99 2.37K Feb 27, 2023 Direct
transaction WSO Common stock Options Exercise $438K +2.5K $175.07 0 Feb 27, 2023 Direct
transaction WSO Common stock Tax liability -$438K -1.44K -57.4% $304.99 1.07K Feb 27, 2023 Direct
transaction WSO Common stock Options Exercise $434K +1.67K $260.28 0 Feb 27, 2023 Direct
transaction WSO Common stock Tax liability -$434K -1.42K -85.3% $304.99 245 Feb 27, 2023 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 -$803K -5K -100% $160.69 0 Feb 27, 2023 Common Stock 5K $160.69 Direct F1
transaction WSO Stock Option (right to buy) Options Exercise -$438K -2.5K -100% $175.07 0 Feb 27, 2023 Common Stock 2.5K $175.07 Direct F2
transaction WSO Stock Option (right to buy) Options Exercise -$434K -1.67K -33.34% $260.28 3.33K Feb 27, 2023 Common Stock 5K $260.28 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vested June 3, 2021.
F2 The options vested June 1, 2022.
F3 The options vest 33 1/3% on June 6, 2022, June 6, 2023 and June 6, 2024, respectively.