SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
LOGAN BARRY S

(Last) (First) (Middle)
2665 SOUTH BAYSHORE DRIVE
SUITE 901

(Street)
COCONUT GROVE FL 33133

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WATSCO INC [ WSO; WSOB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
3. Date of Earliest Transaction (Month/Day/Year)
03/30/2004
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 18,190 D
Common Stock 450 I By IRA
Common Stock 03/30/2004 03/30/2004 J(11) 131 A $22.73 1,730 I See footnote(1)
Common Stock 88,750 D(2)
Class B Common Stock 50,000 D(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $4.75 (3) 10/31/2004 Common Stock 16,875 16,875 D
Stock Option (right to buy) $13.33 (4) 06/27/2006 Common Stock 11,250 11,250 D
Stock Option (right to buy) $13.17 (5) 10/25/2006 Common Stock 11,250 11,250 D
Stock Option (right to buy) $16.25 (6) 04/03/2007 Common Stock 15,000 15,000 D
Stock Option (right to buy) $16.75 (7) 04/06/2008 Common Stock 30,000 30,000 D
Stock Option (right to buy) $13.875 (8) 02/09/2009 Class B Common Stock 50,000 50,000 D
Stock Option (right to buy) $8.94 (9) 03/15/2010 Common Stock 75,000 75,000 D
Stock Option (right to buy) $11.3 (10) 09/24/2011 Class B Common Stock 50,000 50,000 D
Explanation of Responses:
1. Ownership in Watsco, Inc. Profit Sharing Retirement Plan and Trust
2. Award of stock pursuant to Restricted Stock Agreement
3. The option vests 20 percent on October 31, 1995, October 31, 1996, October 31, 1997, October 31, 1998 and October 31, 1999, respectively.
4. The option vests 20 percent on June 27, 1997, June 27, 1998, June 27, 1999, June 27, 2000 and June 27, 2001, respectively
5. The option vests 20 percent on October 25, 1997, October 25, 1998, October 25, 1999, October 25, 2000 and October 25, 2001, respectively
6. The option vests 20 percent on April 3, 1998, April 3, 1999, April 3, 2000, April 3, 2001 and April 3, 2002, respectively
7. The option vests 20 percent on April 6, 1999, April 6, 2000, April 6, 2001, April 6, 2002 and April 6, 2003, respectively
8. The option vests 33 percent on February 9, 1999, February 9, 2000 and February 9, 2001, respectively
9. The option vests 20 percent on March 15, 2001, March 15, 2002, March 15, 2003, March 15, 2004 and March 15, 2005, respectively
10. The option vests 20 percent on September 24, 2002, September 24, 2003, September 24, 2004, September 24, 2005 and September 24, 2006, respectively
11. Represents shares issued by Watsco, Inc. for its annual match pursuant to the Company's Profit Sharing Retirement Plan.
/s/ Barry S. Logan 03/31/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.