1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 4 ) Pioneer Standard Electronics, Incorporated -------------------------------------------------------------------------------- (Name of Issuer) Common -------------------------------------------------------------------------------- (Title of Class of Securities) 723877106 -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2000 -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) 2 CUSIP No. 723877106 PAGE 2 OF 6 --------- --- --- (1) NAMES OF REPORTING PERSONS SS OR IRS IDENTIFICATION NOS. OF ABOVE PERSONS a. WACHOVIA CORPORATION 56-1473727 b. WACHOVIA BANK, NATIONAL ASSOCIATION 56-0927594 ------------------------------------------------------------------------- (2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP a. [ ] (SEE INSTRUCTIONS) b. [ ] ------------------------------------------------------------------------- (3) SEC USE ONLY ------------------------------------------------------------------------- (4) CITIZENSHIP OR PLACE OF ORGANIZATION a. WACHOVIA CORPORATION NORTH CAROLINA b. WACHOVIA BANK, NATIONAL ASSOCIATION UNITED STATES ------------------------------------------------------------------------- (5) SOLE VOTING POWER NUMBER OF 0 SHARES --------------------------------------------------------- BENEFICIALLY (6) SHARED VOTING POWER OWNED BY 4,056,202 EACH --------------------------------------------------------- REPORTING (7) SOLE DISPOSITIVE POWER PERSON WITH 0 --------------------------------------------------------- (8) SHARED DISPOSITIVE POWER 0 --------------------------------------------------------- (9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 4,056,202 ------------------------------------------------------------------------- (10) CHECK IF AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) [ ] ------------------------------------------------------------------------- (11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 12.83% ------------------------------------------------------------------------- (12) TYPE OF REPORTING PERSONS (SEE INSTRUCTIONS) a. WACHOVIA CORPORATION HC b. WACHOVIA BANK, NATIONAL ASSOCIATION BK ------------------------------------------------------------------------- 3 CUSIP No. 723877106 PAGE 3 OF 6 --------- --- --- ITEM 1 (a) NAME OF ISSUER: Pioneer Standard Electronics, Incorporated ITEM 1 (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 4800 East 131st Street Cleveland, OH 44105 ITEM 2 (a) NAME OF PERSONS FILING: Wachovia Corporation; and Wachovia Bank, National Association ITEM 2 (b) ADDRESS OF PRINCIPAL BUSINESS OFFICE: Wachovia Corporation 100 North Main Street Winston-Salem, North Carolina 27104 Wachovia Bank, National Association 100 North Main Street Winston-Salem, North Carolina 27104 ITEM 2 (c) CITIZENSHIP: Wachovia Corporation North Carolina Wachovia Bank, National Association United States ITEM 2 (d) TITLE OF CLASS OF SECURITIES: Common ITEM 2 (e) CUSIP NUMBER: 723877106 4 CUSIP No. 723877106 PAGE 4 OF 6 --------- --- --- ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1 (B), OR 13D-3 (B) CHECK WHETHER THE PERSON FILING IS A: (a) [ ] Broker or Dealer registered under Section 15 of the Act, (b) [X] Bank as defined in Section 3 (a) (6) of the Act, (c) [ ] Insurance Company as defined in Section 3 (a) (19) of the Act, (d) [ ] Investment Company registered under Section 8 of the Investment Company Act, (e) [ ] Investment Advisor registered under Section 203 of the Investment Advisor Act of 1940, (f) [ ] Employee Benefit Plan Pension Fund which is subject to the provisions of the Employee Retirement Income Security Act of 1974 or Endowment Fund. (g) [X] Parent holding Company, in accordance with 240.13d-1 (b) (ii) (G), (Wachovia Corporation) (h) [ ] Group, in accordance with Rule 13d-1 (b) (1) (ii) (H) ITEM 4 OWNERSHIP: The following information is as of December 31, 2000: (a) Amount Beneficially Owned: 4,056,202 (b) Percent of Class: 12.83% (c) Number of Shares as to which such person has: (i) Sole power to vote or to direct the vote 0 (ii) Shared power to vote or to direct the vote 4,056,202 (iii) Sole power to dispose or to direct the disposition of 0 (iv) Shared power to dispose or to direct the disposition of 0 ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: N/A ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON: N/A 5 CUSIP No. 723877106 PAGE 5 OF 6 --------- --- --- ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: Included are the following subsidiaries of Wachovia Corporation -- HC: Wachovia Bank, National Association -- BK (wholly owned subsidiary of Wachovia Corporation) ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. N/A ITEM 9 NOTICE OF DISSOLUTION OF GROUP. N/A 6 CUSIP No. 723877106 PAGE 6 OF 6 --------- --- --- ITEM 10 CERTIFICATION: By signing below, I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 12, 2001 For: WACHOVIA CORPORATION By: /s/ William M. Watson, Jr. --------------------------------------------- William M. Watson, Jr. Senior Vice President, Counsel and Secretary For: WACHOVIA BANK, NATIONAL ASSOCIATION By: /s/ William M. Watson, Jr. --------------------------------------------- William M. Watson, Jr. Senior Vice President, Counsel and Secretary AN AGREEMENT TO FILE A JOINT STATEMENT WAS PREVIOUSLY FILED AS EXHIBIT A TO AMENDMENT 3.