John Engel - Feb 17, 2022 Form 4 Insider Report for WESCO INTERNATIONAL INC (WCC)

Role
Chairman, President & CEO, Director
Signature
/s/ Michele Nelson, as Attorney-in-Fact
Stock symbol
WCC
Transactions as of
Feb 17, 2022
Transactions value $
-$2,323,373
Form type
4
Date filed
2/22/2022, 03:40 PM
Previous filing
Feb 15, 2022
Next filing
Apr 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WCC Common Stock Options Exercise $0 +43.5K +19.92% $0.00 262K Feb 17, 2022 Direct F1
transaction WCC Common Stock Tax liability -$2.32M -19K -7.27% $122.09 243K Feb 17, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WCC Restricted Stock Units Award $0 +14.3K $0.00 14.3K Feb 17, 2022 Common Stock 14.3K Direct F2, F3
transaction WCC Stock Options (Right to Buy) Award $0 +30.6K $0.00 30.6K Feb 17, 2022 Common Stock 30.6K $122.09 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired upon settlement of performance share awards granted in 2019 under the Issuer's long-term incentive plan. Each performance share award represented a contingent right to receive one share of the Issuer's common stock if the Company achieved specified performance goals during the three-year period ended December 31, 2021.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to acquire one share of Issuer's Common Stock.
F3 The RSUs vest in three equal annual installments beginning on the first anniversary of the date of grant.
F4 The stock options become exercisable in three equal annual installments beginning on the first anniversary of the date of grant.