SEC Form 4 · accession 0001209191-15-079744
WATSCO INC · WSO; WSOB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry S Logan
Officer — Senior Vice President · Director
Period of report
Nov 12, 2015
Accepted (ET)
Nov 12, 2015 · 5:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000105016
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF3 | Nov 12, 2015 | C | 23,046 | — | A | 0 | D | |
| Common StockF4 | Nov 12, 2015 | S | 8,000 | $121.8544 | D | 15,046 | D | |
| Common Stock | holding | — | — | — | 450 | I | By IRA | |
| Common StockF1 | holding | — | — | — | 2,332 | I | See footnote | |
| Common StockF2 | holding | — | — | — | 108,750 | D | ||
| Common Stock | holding | — | — | — | 4,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF3 | — | Nov 12, 2015 | C | 23,046 | D | — | — | Class B Common Stock | 23,046 | 0 | D |
| Class B Common StockF2,F3 | — | holding | — | — | — | — | — | Class B Common Stock | 103,200 | 103,200 | D |
Explanation of responses
- F1Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust
- F2Award of stock pursuant to Watsco, Inc. Restricted Stock Agreement
- F3The Class B Common Stock is convertible into Common Stock at any time on a one-for-one basis and has no expiration date.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.75 to $121.9416, 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 (4) to this Form 4.