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*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
WESCO INTERNATIONAL INC [ WCC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 03/19/2004 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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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 | ||||||
WESCO International Common Stock | 9,175 | I | Portion of shares owned by spouse(1) | |||||||
WESCO International Common Stock | 03/17/2004 | 03/17/2004 | S | 1,500 | D | $15.25 | 7,675 | I | Portion of shares owned by spouse(1) | |
WESCO International Common Stock | 03/19/2004 | 03/19/2004 | S | 1,277 | D | $16 | 6,398 | I | Portion of shares owned by spouse(2) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 | ||||||||
Option for WESCO International Common Stock | $18 | (3) | 05/11/2009 | WESCO International Common Stock | 9,175 | 9,175 | D | ||||||||
Option for WESCO International Common Stock | $9.875 | (4) | 05/11/2010 | WESCO International Common Stock | 7,500 | 16,675 | D | ||||||||
Option for WESCO International Common Stock | $4.5 | (4) | 12/21/2011 | WESCO International Common Stock | 10,000 | 26,675 | D | ||||||||
Option for WESCO International Common Stock | $7.08 | (4) | 05/01/2012 | WESCO International Common Stock | 10,000 | 36,675 | D | ||||||||
Option for WESCO International Common Stock | $5.9 | 08/22/2003 | A | 22,500 | (5) | 08/22/2013 | WESCO International Common Stock | 22,500 | $5.9 | 59,175 | D |
Explanation of Responses: |
1. Of the 9,175 shares in total, 2,777 are owned by Dorothy Brailer (spouse). |
2. The balance of these shares, after this transaction, are directly owned by Daniel Brailer. |
3. Half of the options granted vested over a four-year time period beginning with the grant date, with the remaining half being subject to accellerated vesting based on performance. Any options not yet vested become vested 90 days prior to the expiration date of the options. |
4. Options are subject to performance vesting, with any unvested options becoming vested 90 days prior to the expiration date of such options. |
5. Options vest at a rate of 1/3 per year on the anniversary date of the option grant over the next three years. |
Remarks: |
/s/ Daniel A. Brailer | 03/22/2004 | |
** 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. |