Filing Details

Accession Number:
0001181431-12-060027
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-11-21 16:43:38
Reporting Period:
2012-11-20
Filing Date:
2012-11-21
Accepted Time:
2012-11-21 16:43:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
105016 Watsco Inc WSO; WSOB Wholesale-Hardware & Plumbing & Heating Equipment & Supplies (5070) 590778222
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1243203 H Albert Nahmad 2665 S. Bayshore Drive
Suite 901
Coconut Grove FL 33133
Chairman And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-11-20 28,100 $0.00 0 No 4 C Direct
Common Stock Disposition 2012-11-20 22,400 $71.98 0 No 4 S Direct
Common Stock Disposition 2012-11-20 5,700 $72.57 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Class B Common Stock Disposition 2012-11-20 28,100 $0.00 28,100 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
497,936 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,231 Indirect See footnote
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Class B Common Stock $0.00 1,695,799 1,695,799 Direct
Common Stock Class B Common Stock $0.00 518,845 518,845 Indirect
Common Stock Class B Common Stock $0.00 1,330,000 1,330,000 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
1,695,799 1,695,799 Direct
518,845 518,845 Indirect
1,330,000 1,330,000 Indirect
Footnotes
  1. Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust
  2. Award of stock pursuant to Watsco, Inc. Restricted Stock Agreements, of which 1,415,622 shares are in the name of Albert Henry Captial LP, a limited partnership over which Mr. Nahmad maintains effective control.
  3. Reflects 498,845 shares held by various trusts over which Mr. Nahmad maintains effective control and 20,000 shares held by custodial accounts for Mr. Nahmad's grandchildren, of which Mr. Nahmad is the custodian.
  4. Reflects shares owned by Albert Capital LP, a limited partnership. The sole general partner of Albert Capital LP is a limited liability company, over which Mr. Nahmad maintains effective control.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.49 to $72.49, inclusive. The reporting person undertakes to provide to Watsco, Inc. ("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 (5) to this Form 4.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.495 to $72.65, inclusive. The reporting person undertakes to provide to 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 (6) to this Form 4.
  7. The Class B Common Stock is convertible into Common Stock at any time on a one-for-one basis and has no expiration date.