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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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
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- -------------------------------- OMB APPROVAL
FORM 3 OMB Number: 3235-0104
- -------------------------------- Expires: December 31, 2001
Estimated average burden
hours per response .... 0.5
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(Print or Type Responses)
1. Name and Address of Reporting Person *
WM Acquisition, Inc. (1)
(Last) (First) (Middle)
200 State Street
(Street)
Boston MA 02109
(City) (State) (Zip)
2. Date of Event Requiring Statement ( Month / Day / Year )
12/22/99
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Wilmar Industries, Inc. (WLMR)
5. Relationship of Reporting Person to Issuer (Check all applicable)
Director X 10% Owner
----- -----
Officer (give title Other
----- below) ----- (specify
below)
-------------------------------------------
6. If Amendment, Date or Original (Month/Year)
7. Individual or Join/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 BENEFICIALLY OWNED
1. Title of security 2. Amount of Securities 3. Ownership 4. Nature of Indirect
(Inst.4) Beneficially Owned Form: Direct (D) Beneficial Ownership
(Instr. 4) or Indirect (I) (Instr. 5)
(Inst. 5)
- ---------------------------------------------- ------------------------------ ------------------- -----------------------------
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Common Stock 0 I By Voting Agreement
- ---------------------------------------------- ------------------------------ ------------------- -----------------------------
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
* If the Form is filed by more than one reporting person, SEE instruction 5(b)(v). SEC 1473(3-99)
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(1) See page 3 attached.
Page 1 of 4
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FORM 3 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES BENEFICIALLY OWNED (E.G., PUTS,
CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
1. Title of Derivative Security 2. Date Exercisable and 3. Title and Amount of Securities Underlying
(Instr. 4) Expiration Date Derivative Security (Instr. 4)
(Month/Day/Year)
Amount or
Date Expiration Title Number of
Exercisable Date Shares
- --------------------------------------------------- ----------- ----------- ---------------------- -----------------------------
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4. Conversion or 5. Ownership 6. Nature of Indirect
Exercise Price of Form of Beneficial Ownership
Derivative Derivative (Instr. 5)
Security Security:
Direct (D) or
Indirect (I)
(Instr. 5)
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Explanation of Responses:
**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.
See page 4 attached January 3, 2000
- -------------------------------- -----------------
** Signature of Reporting Person Date
Page 2 of 4
<PAGE>
FORM 3 (CONTINUED)
Table I - Non-Derivative Securities Beneficially Owned
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2. Amount of Securities 4. Nature of Indirect
Other Reporting Persons 1. Title of Security Beneficially Owned 3. Ownership Form Beneficial Ownership
----------------------- -------------------- ------------------ ----------------- --------------------
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Parthenon Investment Advisors, L.L.C. Common Stock 0 Indirect By Voting Agreement
Parthenon Investors, L.P. Common Stock 0 Indirect By Voting Agreement
Parthenon Investment Partners, L.L.C. Common Stock 0 Indirect By Voting Agreement
John Rutherford Common Stock 0 Indirect By Voting Agreement
Ernest Jacquet Common Stock 0 Indirect By Voting Agreement
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Table II - Derivative Securities Beneficially Owned
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<CAPTION>
1. Title of 2. Date Exercisable and 3. Title and Amount of Securities Underlying
Derivative Expiration Date Derivative Security (Instr. 4)
Security (Month/Day/Year)
Amount or
Date Expiration Title Number of
Other Reporting Persons Exercisable Date Shares
- ------------------------------------- ------------- ----------- ----------- ---------------------- -----------------------------
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Parthenon Investment Advisors, L.L.C.
Parthenon Investors, L.P.
Parthenon Investment Partners, L.L.C.
John Rutherford
Ernest Jacquet Options 5/7/98 5/7/08 Common Stock 10,000
Ernest Jacquet Options 5/6/00 5/6/09 Common Stock 6,666
Ernest Jacquet Options 5/6/01 5/6/09 Common Stock 6,667
Ernest Jacquet Options 5/6/02 5/6/09 Common Stock 6,667
- ------------------------------------- ------------- ----------- ----------- ---------------------- -----------------------------
<CAPTION>
4. Conversion or 5. Ownership 6. Nature of Indirect
Exercise Price of Form of Beneficial Ownership
Derivative Derivative (Instr. 5)
Security Security:
Direct (D) or
Indirect (I)
(Instr. 5)
- ---------------------------- --------------------- ------------------------------------------------
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$22.625 D
$12.00 D
$12.00 D
$12.00 D
- ---------------------------- --------------------- ------------------------------------------------
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Page 3 of 4
<PAGE>
FORM 3 (continued)
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
the undersigned certifies as of January 3rd, 2000, that the information set
forth in this statement is true, complete and correct.
WM ACQUISITION, INC.
By: /s/ Samantha Trotman
------------------------
Name: Samantha Trotman
Title: President
PARTHENON INVESTORS, L.P.
By: PARTHENON INVESTORS ADVISORS L.L.C.
its general partner
By: PARTHENON INVESTMENT PARTNERS L.L.C.
its Managing Member
By: /s/ Ernest Jacquet
----------------------
Name: Ernest Jacquet
Title: Managing Member
PARTHENON INVESTORS ADVISORS L.L.C.
By: PARTHENON INVESTMENT PARTNERS L.L.C.
its Managing Member
By: /s/ Ernest Jacquet
----------------------
Name: Ernest Jacquet
Title: Managing Member
PARTHENON INVESTMENT PARTNERS L.L.C.
By: /s/ Ernest Jacquet
----------------------
Name: Ernest Jacquet
Title: Managing Member
/s/ John Rutherford
-------------------
John Rutherford
/s/ Ernest Jacquet
------------------
Ernest Jacquet
