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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 *
Wilmar Industries, Inc.
(Last) (First) (Middle)
303 Harper Drive
(Street)
Moorestown NJ 08057
(City) (State) (Zip)
2. Date of Event Requiring Statement ( Month / Day / Year )
July 10, 2000
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Issuer Name and Ticker or Trading Symbol
Barnett Inc. (BNTT)
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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<CAPTION>
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 (1)
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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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<PAGE>
Page 2 of 5
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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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None
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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:
(1) See page 4 attached.
**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 5 attached July 20, 2000
-------------------------------- -----------------
** Signature of Reporting Person Date
<PAGE>
FORM 3 (CONTINUED) Page 3 of 5
Table I - Non-Derivative Securities Beneficially Owned
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<CAPTION>
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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BW Acquisition, Inc. Common Stock 0 Indirect By Voting Agreement
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Table II - Derivative Securities Beneficially Owned
<TABLE>
<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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None
------------------------------------- ------------- ----------- ----------- ---------------------- -----------------------------
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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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---------------------------- --------------------- ------------------------------------------------
</TABLE>
<PAGE>
FORM 3 (continued) Page 4 of 5
Name and Address of Designated Filer: Wilmar Industries, Inc.
303 Harper Drive
Moorestown, NJ 08057
Issuer Name and Ticker Symbol: Barnett Inc. (BNTT)
Date of Event Requiring Statement: July 10, 2000
EXPLANATION OF RESPONSES
(1) Pursuant to a Stockholder Agreement, dated as of July 10, 2000, by
and among Wilmar Industries, Inc., BW Acquisition, Inc., Waxman USA, Inc., a
principal stockholder of the Issuer, and Waxman Industries, Inc., the parent
company of Waxman USA, Inc., and a Voting Trust Agreement, dated as of July 10,
2000, by and among Wilmar Industries, Inc., BW Acquisition, Inc., Waxman USA,
Inc., Waxman Industries, Inc. and American Stock Transfer & Trust Company.
Wilmar Industries, Inc. and BW Acquisition, Inc. disclaim beneficial ownership
of such shares.
<PAGE>
FORM 3 (continued) Page 5 of 5
Name and Address of Designated Filer: Wilmar Industries, Inc.
303 Harper Drive
Moorestown, NJ 08057
Issuer Name and Ticker Symbol: Barnett Inc. (BNTT)
Date of Event Requiring Statement: July 10, 2000
SIGNATURE
After reasonable inquiry and to the best of its knowledge and belief,
each of the undersigned certifies as of July 20, 2000 that the information set
forth in this statement is true, complete and correct.
WILMAR INDUSTRIES, INC.
By: /s/ Michael J. Grebe
--------------------
Name: Michael J. Grebe
Title: President
BW ACQUISITION, INC.
By: /s/ William Sanford
-------------------
Name: William Sanford
Title: Vice President
