ALBERT H. NAHMAD - 11 Mar 2024 Form 4 Insider Report for WATSCO INC (WSO; WSOB)

Role
Chairman and CEO, Director
Signature
/s/ Albert H. Nahmad
Issuer symbol
WSO; WSOB
Transactions as of
11 Mar 2024
Transactions value $
$8,141
Form type
4
Filing time
13 Mar 2024, 17:01:20 UTC
Previous filing
11 Jan 2024
Next filing
10 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSO; WSOB Common stock Other $8.14K +19 +63.33% $428.47 49 11 Mar 2024 See footnote 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
holding WSO; WSOB Class B Common stock 440K 11 Mar 2024 Class B Common stock 440K See footnote F2, F3
holding WSO; WSOB Class B Common stock 902K 11 Mar 2024 Class B Common stock 902K See footnote F2, F4
holding WSO; WSOB Class B Common stock 139K 11 Mar 2024 Class B Common stock 139K Direct F2, F5
holding WSO; WSOB Class B Common stock 2.52M 11 Mar 2024 Class B Common stock 2.52M See footnote F2, F6
holding WSO; WSOB Class B Common stock 207K 11 Mar 2024 Class B Common stock 207K See footnote F2, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust.
F2 The Class B Common Stock is convertible into Common Stock at any time on a one-for-one basis and has no expiration date.
F3 Reflects shares held by Albert Henry Capital L.P., a limited partnership over which Mr. Nahmad maintains effective control, which are subject to vesting restrictions.
F4 Reflects shares held by My Pal Al, L.P., a limited partnership over which Mr. Nahmad maintains effective control, which are subject to vesting restrictions.
F5 Reflects shares held by Mr. Nahmad, which are subject to vesting restrictions.
F6 Reflects 2,493,059 shares held by various trusts over which Mr. Nahmad maintains effective control and 31,236 shares held by custodial accounts for Mr. Nahmad's grandchildren, of which Mr. Nahmad is the custodian.
F7 Reflects shares owned by Colon Boy LP, a limited partnership, over which Mr. Nahmad maintains effective control.