Exhibit 107
Calculation of Filing Fee Table
Form 424(b)(5)
(Form Type)
Watsco, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered and Carry Forward Securities
Security Type | Security Class Title | Fee Calculation or Carry Forward Rule | Amount Registered | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | Carry Forward Form Type | Carry Forward File Number | Carry Forward Initial effective date | Filing Fee Previously Paid In Connection with Unsold Securities to be Carried Forward | |||||||||||||
Newly Registered Securities | ||||||||||||||||||||||||
Fees to be paid | Equity | Common stock, $0.50 par value | 457(r) and Rule 457(o) | (1) | N/A | $400,000,000.00 | 0.00014760 | $59,040.00(2) | N/A | N/A | N/A | N/A | ||||||||||||
Fees Previously Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||
Carry Forward Securities | ||||||||||||||||||||||||
Carry Forward Securities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||
Total Offering Amounts | $400,000,000.00 | $59,040.00 | ||||||||||||||||||||||
Total Fees Previously Paid | N/A | |||||||||||||||||||||||
Total Fee Offsets | N/A | |||||||||||||||||||||||
Net Fee Due | $59,040.00 |
(1) | This supplement No. 3 (the “Supplement”) to the prospectus supplement, dated November 4, 2021 (the “Prospectus Supplement”), as supplemented by that certain supplement No. 1 dated February 25, 2022 and that certain supplement No. 2 dated November 3, 2023, relates to the offer by Watsco, Inc., a Florida corporation (the “registrant”), to Robert W. Baird & Co. Incorporated (“Baird”) of up to $400,000,000 of the Company’s Common stock, par value $0.50 per share (the “Common stock”) in connection with the third amended and restated sales agreement, dated May 3, 2024 (the “Sales Agreement”), by and between the registrant and Baird. In accordance with Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), the registrant’s Registration Statement on Form S-3ASR (File No. 333-260758) (the “Registration Statement”) shall be deemed to cover any additional shares of Common stock to be offered or issued from stock splits, stock dividends, recapitalizations, or similar transactions with respect to the Common stock being registered. Prior to entry into the Sales Agreement, the registrant had been able to issue and sell up to $300,000,000 of Common stock through Baird pursuant to the second amended and restated sales agreement, dated as of November 3, 2023, between the registrant and Baird, and, as of the date of the Supplement, the registrant had sold 757,000 shares of Common stock under the Prospectus Supplement and the accompanying prospectus for an aggregate gross sales price of $298,455,276 (the “Prior Offering”). The registrant satisfied the filing fee obligation with respect to the Prior Offering by offsetting the fees related thereto as set forth in the Prospectus Supplement. |
(2) | Calculated in accordance with Rules 456(b) and 457(r) under the Securities Act. Represents payment of registration fees previously deferred in connection with the Registration Statement paid herewith. |