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WESCO INTERNATIONAL INC — Director's Dealing 2021
Feb 17, 2021
30572_dirs_2021-02-16_68e95152-f077-4910-b884-f3fe4408d229.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WESCO INTERNATIONAL INC (WCC)
CIK: 0000929008
Period of Report: 2021-02-11
Reporting Person: Porwal Hemant (EVP Supply Chain & Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-11 | Common Stock | M | 945 | $0.00 | Acquired | 6186 | Direct |
| 2021-02-11 | Common Stock | F | 320 | $76.80 | Disposed | 5866 | Direct |
| 2021-02-13 | Common Stock | M | 1115 | $0.00 | Acquired | 6981 | Direct |
| 2021-02-13 | Common Stock | F | 362 | $80.44 | Disposed | 6619 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-11 | Stock Appreciation Rights | $76.80 | A | 3782 | Acquired | 2031-02-11 | Common Stock (3782) | Direct |
| 2021-02-11 | Restricted Stock Units | $ | A | 1628 | Acquired | Common Stock (1628) | Direct | |
| 2021-02-13 | Restricted Stock Units | $ | M | 1115 | Disposed | Common Stock (0) | Direct |
Footnotes
F1: Represents shares acquired upon settlement of performance shares granted in 2018 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, 2020.
F2: Reflects settlement of Restricted Stock Units, the grant of which was previously reported on a Form 4, following the vesting of the restricted stock units.
F3: Each Stock Appreciation Right becomes exercisable in three (3) equal, annual installments beginning on the first anniversary of the date of grant.
F4: Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock.
F5: The Restricted Stock Units vest in three (3) equal, annual installments beginning on the first anniversary of the date of grant.
F6: The Restricted Stock Units vested in full on February 13, 2021.