WESCO EVP exercises rights, sells some shares
WESCO International EVP & CHRO Christine Ann Wolf exercised stock appreciation rights into 5,231 shares of common stock at a conversion price of $48.32 per share.
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Rhea-AI Filing Summary
WESCO International EVP & CHRO Christine Ann Wolf exercised stock appreciation rights into 5,231 shares of common stock at a conversion price of $48.32 per share. These rights vested in three equal annual installments beginning on the first anniversary of the February 13, 2020 grant date.
On the same day, she disposed of 897 shares of common stock to the issuer, and 1,896 shares were withheld at $281.84 per share to cover the exercise price or tax liability. She also completed an open-market sale of 844 shares at $287.60 per share.
After these transactions, Wolf’s direct ownership stood at 32,004.5363 shares of WESCO common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights | 5,231 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,231 | $48.32 | $253K |
| Disposition | Common Stock | 897 | $281.84 | $253K |
| Exercise Price or Tax Liability | Common Stock | 1,896 | $281.84 | $534K |
| Sale | Common Stock | 844 | $287.60 | $243K |
Footnotes (1)
- F1. The stock appreciation rights became exercisable in three equal annual installments beginning on the first anniversary of the February 13, 2020 grant date.
FAQ
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What did WESCO (WCC) executive Christine Ann Wolf report in this Form 4?
What is the vesting schedule of the WESCO (WCC) stock appreciation rights exercised?
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