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

Role
Director
Signature
/s/ J. Michael Custer
Issuer symbol
WSO
Transactions as of
27 Feb 2023
Net transactions value
-$1,674,700
Form type
4
Filing time
01 Mar 2023, 15:05:05 UTC
Previous filing
12 Jan 2023
Next filing
08 Jun 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 $803,450 +5,000 $160.69 0 27 Feb 2023 Direct
transaction WSO Common stock Tax liability $803,344 -2,634 -53% $304.99 2,366 27 Feb 2023 Direct
transaction WSO Common stock Options Exercise $437,675 +2,500 $175.07 0 27 Feb 2023 Direct
transaction WSO Common stock Tax liability $437,661 -1,435 -57% $304.99 1,065 27 Feb 2023 Direct
transaction WSO Common stock Options Exercise $433,887 +1,667 $260.28 0 27 Feb 2023 Direct
transaction WSO Common stock Tax liability $433,696 -1,422 -85% $304.99 245 27 Feb 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 $803,450 -5,000 -100% $160.69 0 27 Feb 2023 Common Stock 5,000 $160.69 Direct F1
transaction WSO Stock Option (right to buy) Options Exercise $437,675 -2,500 -100% $175.07 0 27 Feb 2023 Common Stock 2,500 $175.07 Direct F2
transaction WSO Stock Option (right to buy) Options Exercise $433,887 -1,667 -33% $260.28 3,333 27 Feb 2023 Common Stock 5,000 $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.