SEC Form 4 · accession 0001209191-17-007066
WESCO INTERNATIONAL INC · WCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Engel
Officer — Chairman, President & CEO · Director
Period of report
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 4:06 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 Common Stock | Jan 31, 2017 | M | 45,000 | $60.45 | A | 138,278 | D | |
| WESCO International Common Stock | Jan 31, 2017 | M | 75,000 | $40.04 | A | 213,278 | D | |
| WESCO International Common Stock | Jan 31, 2017 | M | 150,673 | $25.37 | A | 363,951 | D | |
| WESCO International Common Stock | Jan 31, 2017 | D | 135,020 | $70.70 | D | 228,931 | D | |
| WESCO International Common Stock | Jan 31, 2017 | F | 60,482 | $70.70 | D | 168,449 | D | |
| WESCO International Common StockF1 | Feb 1, 2017 | S | 69,771 | $70.2246 | D | 98,678 | D | |
| WESCO International Common StockF2 | Feb 1, 2017 | S | 5,400 | $71.3126 | D | 93,278 | 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 RightsF3 | $60.45 | Jan 31, 2017 | M | 45,000 | D | — | Jul 1, 2017 | Common Stock | 45,000 | 0 | D |
| Stock Appreciation RightsF4 | $40.04 | Jan 31, 2017 | M | 75,000 | D | — | Jul 1, 2018 | Common Stock | 75,000 | 0 | D |
| Stock Appreciation RightsF5 | $25.37 | Jan 31, 2017 | M | 150,673 | D | — | Jul 1, 2019 | Common Stock | 150,673 | 0 | D |
Explanation of responses
- F1This represents the weighted average price paid for the shares. The shares were sold at prices ranging from $69.85 to $70.85. Mr. Engel will provide, upon request of the SEC staff, WESCO International, Inc., or a stockholder of WESCO International, Inc., complete information regarding the number of shares sold at each price within the range.
- F2This represents the weighted average price paid for the shares. The shares were sold at prices ranging from $70.90 to $71.80. Mr. Engel will provide, upon request of the SEC staff, WESCO International, Inc., or a stockholder of WESCO International, Inc., complete information regarding the number of shares sold at each price within the range.
- F3The Stock Appreciation Rights became exercisable in three (3) equal, annual installments beginning on July 1, 2008.
- F4The Stock Appreciation Rights became exercisable in three (3) equal, annual installments beginning on July 1, 2009.
- F5The Stock Appreciation Rights became exercisable in three (3) equal, annual installments beginning on July 1, 2010.