SEC Form 4 · accession 0001209191-17-015347
WATSCO INC · WSO; WSOB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
UNITED TECHNOLOGIES CORP
10% Owner
Period of report
Feb 28, 2017
Accepted (ET)
Feb 28, 2017 · 5:08 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 stock, $0.50 par valueF1,F2 | Feb 28, 2017 | S | 2,985,685 | $140.68 | D | 0 | I | See Footnote 1 |
| Common stock, $0.50 par valueF3,F2 | Feb 28, 2017 | S | 1,250,000 | $140.68 | D | 0 | I | See Footnote 3 |
| Class B common stock, $0.50 par valueF1 | holding | — | — | — | 94,784 | I | See Footnote 1 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares are owned directly by Carrier Corporation, which is a wholly-owned subsidiary of United Technologies Corporation. United Technologies Corporation is an indirect beneficial owner of the reported security
- F2This amount represents the secondary price per share of common stock, $0.50 par value ("Common Stock"), of Watsco, Inc. (the "Issuer") received by Carrier Corporation and UTC Canada Corporation in an underwritten secondary block trade.
- F3These shares are owned directly by UTC Canada Corporation, which is a wholly-owned subsidiary of United Technologies Corporation. United Technologies Corporation is an indirect beneficial owner of the reported security.