U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
[X] Check box if no longer subject of Section 16. Form 4 or Form 5 obligations
may continue. See Instruction 1(b).
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1. Name and Address of Reporting Person*
J.P. Morgan Partners (BHCA), L.P.
(f/k/a Chase Equity Associates, L.P.)
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(Last) (First) (Middle)
c/o J.P. Morgan Partners,LLC
1221 Avenue of the Americas-40th Floor
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(Street)
New York New York 10020
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(City) (State) (Zip)
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2. Issuer Name and Ticker or Trading Symbol
Wesco International Inc. ("WCC")
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3. IRS Identification Number of Reporting Person, if an Entity (Voluntary)
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4. Statement for Month/Year
January 2001
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5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person to Issuer
(Check all applicable)
[_] Director [X] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
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7. Individual or Joint/Group Filing (Check applicable line)
[_] Form filed by one Reporting Person
[X] Form filed by more than one Reporting Person
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Table I -- Non-Derivative Securities Acquired, Disposed of,
or Beneficially Owned
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6.
4. 5. Owner-
Securities Acquired (A) or Amount of ship
3. Disposed of (D) Securities Form: 7.
Transaction (Instr. 3, 4 and 5) Beneficially Direct Nature of
2. Code ------------------------------- Owned at End (D) or Indirect
1. Transaction (Instr. 8) (A) of Month Indirect Beneficial
Title of Security Date ------------ Amount or Price (Instr. 3 (I) Ownership
(Instr. 3) (mm/dd/yy) Code V (D) and 4) (Instr.4) (Instr. 4)
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* If the Form is filed by more than one Reporting Person, see Instruction
4(b)(v).
Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
(Print or Type Responses)
(Over)
(Form 4-07/99)
FORM 4 (continued)
Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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10.
9. Owner-
Number ship
of Form
2. Deriv- of
Conver- 5. 7. ative Deriv- 11.
sion Number of Title and Amount Secur- ative Nature
or Derivative 6. of Underlying 8. ities Secur- of
Exer- 4. Securities Date Securities Price Bene- ity: In-
cise 3. Trans- Acquired (A) Exercisable and (Instr. 3 and 4) of ficially Direct direct
Price Trans- action or Disposed Expiration Date ---------------- Deriv- Owned (D) or Bene-
1. of action Code of(D) (Month/Day/Year) Amount ative at End In- ficial
Title of Deriv- Date (Instr. (Instr. 3, ---------------- or Secur- of direct Owner-
Derivative ative (Month/ 8) 4 and 5) Date Expira- Number ity Month (I) ship
Security Secur- Day/ ------ ------------ Exer- tion of (Instr. (Instr. (Instr. (Instr.
(Instr. 3) ity Year) Code V (A) (D) cisable Date Title Shares 5) 4) 4) 4)
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Class B Common
Stock, par
value $.01 per Common
share 1 for 1 N/A N/A N/A N/A N/A (FN 1) N/A Stock 4,653,131 N/A 4,653,131 D
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Explanation of Responses:
(1) Class B Common Stock is convertible into Common Stock on a one for one
basis at the option of the holder, provided, however, that the aggregate number
of shares of voting common stock into which the Class B Common Stock may be
exchanged may not exceed 4.9% of the shares of common stock then outstanding.
(2) As a result of internal reorganizations and name changes effective as
of the first week of January 2001, the general partner of the reporting person,
JPMP Master Fund Manager, L.P. ("MF Manager"), formerly known as Chase Capital
Partners, became a limited partnership and all but one of its general partners
became a limited partner of the partnership. The internal reorganizations and
name changes did not alter the proportionate interests of the ultimate security
holders of the renamed entities.
J.P. Morgan Partners (BHCA), L.P.
By: JPMP Master Fund Manager, L.P.,
its general partner
By: JPMP Capital Corporation,
its general partner
/s/ Jeffrey C. Walker 2/8/01
By--------------------------------------------- -----------------------
Jeffrey C. Walker Date
President
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed.
If space provided is insufficient, see Instruction 6 for procedure.
NAME AND ADDRESS OF DESIGNATED STATEMENT ISSUER NAME, TICKER
REPORTING PERSON REPORTER (Note 1) FOR OR TRADING SYMBOL
MONTH/YEAR
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JPMP Master Fund Manager, L.P. J.P. Morgan Partners January 2001 Wesco International, Inc. ("WCC")
c/o J.P. Morgan Partners, LLC (BHCA), LLC
1221 Avenue of the Americas
40th Floor
New York, NY 10020
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JPMP Capital Corporation J.P. Morgan Partners January 2001 Wesco International, Inc. ("WCC")
c/o J.P. Morgan Partners, LLC (BHCA), LLC
1221 Avenue of the Americas
40th Floor
New York, NY 10020
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J.P. Morgan Chase & Co. J.P. Morgan Partners January 2001 Wesco International, Inc. ("WCC")
c/o J.P. Morgan Partners, LLC (BHCA), LLC
270 Park Avenue
35th Floor
New York, NY 10017
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Chatham Ventures, Inc. J.P. Morgan Partners January 2001 Wesco International, Inc. ("WCC")
c/o J.P. Morgan Partners, LLC (BHCA), LLC
1221 Avenue of the Americas
New York, NY 10020
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TITLE OF
DERIVATIVE
SECURITIES
AND TITLE AND
AMOUNTS OF
SECURITIES
NAME AND ADDRESS OF TITLE OF AMOUNT OF UNDERLYING OWNERSHIP FORM: NATURE OF INDIRECT DISCLAIMS
REPORTING PERSON SECURITY SECURITIES DERIVATIVE DIRECT (D) OR BENEFICIAL OWNERSHIP PECUNIARY
BENEFICIALLY SECURITIES INDIRECT (I) (Note 1) INTEREST
OWNED (Note 1)
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JPMP Master Fund Manager, L.P. N/A See Table II See Table II I See Explanatory No
c/o J.P. Morgan Partners, LLC Note 2 below
1221 Avenue of the Americas
40th Floor
New York, NY 10020
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JPMP Capital Corporation N/A See Table II See Table II I See Explanatory No
c/o J.P. Morgan Partners, LLC Note 3 below
1221 Avenue of the Americas
40th Floor
New York, NY 10020
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J.P. Morgan Chase & Co. N/A See Table II See Table II I See Explanatory No
270 Park Avenue Note 4 below
35th Floor
New York, NY 10017
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Chatham Ventures, Inc. N/A See Table II See Table II I See Explanatory No
c/o J.P. Morgan Partners, LLC Note 5 below
1221 Avenue of the Americas
40th Floor
New York, NY 10020
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Explanotory Notes:
1) The names of the Reporting Persons and the Designated Reporter changed
during the first week of January 2001 as a result of internal reorganizations
and name changes effective as of various times during the week. As part of the
reorganizations, Chase Capital Partners (now J.P. Morgan Partners Master Fund
Manager, L.P.) became a limited partnership and all but one of its general
partners became limited partners of the partnership. The internal
reorganizations and name changes did not alter the proportionate interests of
the limited partners or of the ultimate security holders of the renamed
entities. The Designated Reporter is executing this report on behalf of all
Reporting Persons, each of whom has authorized it to do so. Each of such Persons
disclaims beneficial ownership of the securities to the extent it exceeds such
Person's pecuniary interest therein.
2) The amounts shown in Table II represent the beneficial ownership of the
Issuer's equity securities by J.P. Morgan Partners (BHCA), L.P. (f/k/a Chase
Equity Associates, L.P.), a portion of which may be deemed attributable to the
Reporting Person because the Reporting Person is the general partner of JPM
BHCA. The actual pro rata portion of such beneficial ownership that may be
deemed to be attributable to the Reporting Person is not readily determinable
because it is subject to several variables, including the internal rate of
return and vesting of interests within JPM BHCA.
3) The amounts shown in Table II represent the beneficial ownership of the
Issuer's equity securities by JPM BHCA, a portion of which may be deemed
attributable to the Reporting Person because the Reporting Person is the sole
stockholder of JPMP Master Fund Manager, L.P. ("MF Manager"), the general
partner of JPM BHCA. The actual pro rata portion of such beneficial ownership
that may be deemed attributable to the Reporting Person is not readily
determinable because it is subject to several variables, including the internal
rate of return and vesting within JPM BHCA and MF Manager.
4) The amounts shown in Table II represent beneficial ownership of the
Issuer's equity securities by JPM BHCA, a portion of which may be deemed
attributable to the Reporting Person because it is the sole stockholder of (a)
JPMP Capital Corporation, the general partner of MF Manager and (b) Chatham
Ventures, Incorporated, the limited partner of JPM BHCA. The actual pro rata
portion of such beneficial ownership that may be attributable to the Reporting
Person is not readily determinable because it is subject to several variables,
including the internal rate of return and vesting of interests within JPM BHCA
and MF Manager.
5) The amounts shown in Table II represent the beneficial ownership of the
Issuer's equity securities by JPM BHCA, a portion of which may be deemed
attributable to the Reporting Person because it is the sole limited partner of
JPM BHCA. The actual pro rata portion of such beneficial ownership that may be
deemed to be attributable to the Reporting Person is not readily determinable
because it is subject to several variables, including the internal rate of
return and vesting of interests within JPM BHCA.