SEC Form 5 · accession 0001209191-18-003152
WATSCO INC · WSO; WSOB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Albert H Nahmad
Officer — Chairman and CEO · Director
Period of report
Dec 31, 2017
Accepted (ET)
Jan 10, 2018 · 5:46 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 stockF1 | holding | — | — | — | 1,353 | I | See footnote |
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 stockF2 | — | Apr 10, 2017 | G | 26,000 | D | — | — | Class B Common stock | 26,000 | 0 | D |
| Class B Common StockF2 | — | Oct 6, 2017 | G | 4,200 | D | — | — | Class B Common Stock | 4,200 | 266,467 | D |
| Class B Common stockF3,F2 | — | holding | — | — | — | — | — | Class B Common stock | 2,172,182 | 2,172,182 | D |
| Class B Common stockF4,F2 | — | holding | — | — | — | — | — | Class B Common stock | 524,875 | 524,875 | I |
| Class B Common stockF5,F2 | — | holding | — | — | — | — | — | Class B Common stock | 1,330,000 | 1,330,000 | I |
Explanation of responses
- F1Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust.
- F2The Class B Common Stock is convertible into Common Stock at any time on a one-for-one basis and has no expiration date.
- F3Award of stock pursuant to Watsco, Inc. Restricted Stock Agreement.
- F4Reflects 498,845 shares held by various trusts over which Mr. Nahmad maintains effective control and 26,030 shares held by custodial accounts for Mr. Nahmad's grandchildren, of which Mr. Nahmad is the custodian.
- F5Reflects shares owned by Albert Capital LP, a limited partnership, over which Mr. Nahmad maintains effective control.