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WSO Watsco Inc

455.12
4.41 (0.98%)
After Hours
Last Updated: 23:16:44
Delayed by 15 minutes
Share Name Share Symbol Market Type
Watsco Inc NYSE:WSO NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  4.41 0.98% 455.12 456.145 447.77 454.87 236,218 23:16:44

Statement of Changes in Beneficial Ownership (4)

12/03/2021 9:41pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

NAHMAD ALBERT H
2. Issuer Name and Ticker or Trading Symbol

WATSCO INC [ WSO; WSOB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chairman and CEO
(Last)          (First)          (Middle)

2665 S. BAYSHORE DRIVE, SUITE 901
3. Date of Earliest Transaction (MM/DD/YYYY)

3/10/2021
(Street)

COCONUT GROVE, FL 33133
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common stock 3/10/2021  J  25 A$226.55 1471 I See footnote (1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B Common stock  (2)           (2) (2)Class B Common stock 1415622  1415622 I See footnote (3)
Class B Common stock  (2)           (2) (2)Class B Common stock 902006  902006 I See footnote (4)
Class B Common stock  (2)           (2) (2)Class B Common stock 42909  42909 D (5) 
Class B Common stock  (2)           (2) (2)Class B Common stock 530081  530081 I See footnote (6)
Class B Common stock  (2)           (2) (2)Class B Common stock 1330000  1330000 I See footnote (7)
Class B Common stock  (2)           (2) (2)Class B Common stock 206976  206976 I See footnote (8)

Explanation of Responses:
(1) Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust.
(2) The Class B Common Stock is convertible into Common Stock at any time on a one-for-one basis and has no expiration date.
(3) Shares issued under Restricted Stock Agreements held by Albert Henry Capital L.P., a limited partnership over which Mr. Nahmad maintains effective control.
(4) Shares issued under Restricted Stock Agreements held by My Pal Al, L.P., a limited partnership over which Mr. Nahmad maintains effective control.
(5) Award of stock pursuant to Watsco, Inc. Restricted Stock Agreement.
(6) Reflects 498,845 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.
(7) Reflects shares owned by Albert Capital LP, a limited partnership, over which Mr. Nahmad maintains effective control.
(8) Reflects shares owned by Colon Boy LP, a limited partnership, over which Mr. Nahmad maintains effective control.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
NAHMAD ALBERT H
2665 S. BAYSHORE DRIVE
SUITE 901
COCONUT GROVE, FL 33133
X
Chairman and CEO

Signatures
/s/ Albert H. Nahmad3/12/2021
**Signature of Reporting PersonDate

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