SEC Form 4 · accession 0001209191-15-016036
WESCO INTERNATIONAL INC · WCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy A Hibbard
Officer — Vice Pres-Corporate Controller
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 4:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000929008
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| WESCO International, Inc. Common StockF1 | Feb 17, 2015 | A | 857 | $0.00 | A | 3,092 | D | |
| WESCO International, Inc. Common Stock | Feb 17, 2015 | F | 299 | $69.54 | D | 2,793 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF2 | $69.54 | Feb 17, 2015 | A | 5,419 | A | — | Feb 17, 2025 | Common Stock | 5,419 | 5,419 | D |
| Restricted Stock UnitsF3,F4 | — | Feb 17, 2015 | A | 676 | A | — | — | Common Stock | 676 | 676 | D |
Explanation of responses
- F1Represents shares acquired upon settlement of performance shares granted in 2012 under WESCO International, Inc.'s long-term incentive plan. Each performance share represented a contingent right to receive one share of Common Stock if WESCO International, Inc. achieved specified performance goals during the three-years ended December 31, 2014.
- F2Each Stock Appreciation Right becomes exercisable in three (3) equal, annual installments beginning on the first anniversary of the date of grant.
- F3Each Restricted Stock Unit represents a right to receive one share of Common Stock.
- F4The Restricted Stock Units vest in three years from the date of the grant.