SAPE GEORGE 4
4 · WATSCO INC · Filed Nov 7, 2017
Insider Transaction Report
Form 4
WATSCO INCWSO; WSOB
SAPE GEORGE
Director
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2017-11-03$166.14/sh−2,000$332,280→ 1,000 totalExercise: $142.21Exp: 2021-07-01→ Common Stock (2,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2017-11-03$165.99/sh−6,667$1,106,655→ 3,333 totalExercise: $121.84Exp: 2020-11-09→ Common Stock (6,667 underlying) - Exercise/Conversion
Stock Option (right to buy)
2017-11-03$166.26/sh−2,000$332,520→ 4,000 totalExercise: $143.86Exp: 2022-06-05→ Common Stock (2,000 underlying)
Holdings
- 8,581
Common Stock
Footnotes (6)
- [F1]The options vest July 1, 2018.
- [F2]The price reported in Column 8 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.09 to 166.21, inclusive. The reporting person undertakes to provide 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 (2) to this Form 4.
- [F3]The options vest November 9, 2017.
- [F4]The price reported in Column 8 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.65 to 166.09, inclusive. The reporting person undertakes to provide 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.
- [F5]The options vest 33 1/3% on June 5, 2017, June 5, 2018 and June 5, 2019, respectively.
- [F6]The price reported in Column 8 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.21 to 166.35, inclusive. The reporting person undertakes to provide 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.