JOHN ENGEL - 17 Feb 2022 Form 4 Insider Report for WESCO INTERNATIONAL INC (WCC)

Role
Chairman, President & CEO, Director
Signature
/s/ Michele Nelson, as Attorney-in-Fact
Issuer symbol
WCC
Transactions as of
17 Feb 2022
Net transactions value
-$2,323,373
Form type
4
Filing time
22 Feb 2022, 15:40:29 UTC
Previous filing
15 Feb 2022
Next filing
28 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WCC Common Stock Options Exercise $0 +43,466 +20% $0.000000 261,634 17 Feb 2022 Direct F1
transaction WCC Common Stock Tax liability $2,323,373 -19,030 -7.3% $122.09 242,604 17 Feb 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 +14,334 $0.000000 14,334 17 Feb 2022 Common Stock 14,334 Direct F2, F3
transaction WCC Stock Options (Right to Buy) Award $0 +30,562 $0.000000 30,562 17 Feb 2022 Common Stock 30,562 $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.