Sec Form 4 Filing - CARANO BANDEL L @ WIRELESS FACILITIES INC - 2004-01-02

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
CARANO BANDEL L
2. Issuer Name and Ticker or Trading Symbol
WIRELESS FACILITIES INC [ WFII]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O OAK INVESTMENT PARTNERS, ONE GORHAM ISLAND
3. Date of Earliest Transaction (MM/DD/YY)
01/02/2004
(Street)
WESTPORT, CT06880
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Director Option (Right to Buy) $ 14.86 01/02/2004 A 20,000 01/02/2004( 1 ) 01/02/2014 Common Stock 20,000 ( 2 ) 20,000 D ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CARANO BANDEL L
C/O OAK INVESTMENT PARTNERS
ONE GORHAM ISLAND
WESTPORT, CT06880
X X
OAK INVESTMENT PARTNERS VI LP
ONE GORHAM ISLAND
WESTPORT, CT06880
X
OAK VI AFFILIATES FUND LP
ONE GORHAM ISLAND
WESTPORT, CT06880
X
OAK INVESTMENT PARTNERS IX L P
ONE GORHAM ISLAND
WESTPORT, CT06880
X
OAK IX AFFILIATES FUND LP
ONE GORHAM ISLAND
WESTPORT, CT06880
X
OAK IX AFFILIATES FUND A LP
ONE GORHAM ISLAND
WESTPORT, CT06880
X
OAK INVESTMENT PARTNERS X LTD PARTNERSHIP
ONE GORHAM ISLAND
WESTPORT, CT06880
X
OAK X AFFILIATES FUND LP
ONE GORHAM ISLAND
WESTPORT, CT06880
X
Signatures
Bandel L. Carano 02/14/2005
Signature of Reporting Person Date
Bandel L. Carano, Managing Member of Oak Associates VI, L.L.C., the General Partner of Oak Investment Partners VI, Limited Partnership 02/14/2005
Signature of Reporting Person Date
Bandel L. Carano, Managing Member of Oak VI Affiliates, L.L.C., the General Partner of Oak VI Affiliates Fund, Limited Partnership 02/14/2005
Signature of Reporting Person Date
Bandel L. Carano, Managing Member of Oak Associates IX, L.L.C., the General Partner of Oak Investment Partners IX, Limited Partnership 02/14/2005
Signature of Reporting Person Date
Bandel L. Carano, Managing Member of Oak IX Affiliates, L.L.C., the General Partner of Oak IX Affiliates Fund, Limited Partnership 02/14/2005
Signature of Reporting Person Date
Bandel L. Carano, Managing Member of Oak IX Affiliates, L.L.C., the General Partner of Oak IX Affiliates Fund - A, Limited Partnership 02/14/2005
Signature of Reporting Person Date
Bandel L. Carano, Managing Member of Oak Associates X, L.L.C., the General Partner of Oak Investment Partners X, Limited Partnership 02/14/2005
Signature of Reporting Person Date
Bandel L. Carano, Managing Member of Oak X Affiliates, L.L.C., the General Partner of Oak X Affiliates Fund, Limited Partnership 02/14/2005
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The Director Option became exercisable as to 417 shares on January 2, 2004 and the remainder becomes exercisable in equal monthly installments thereafter until the 48-month anniversary thereof.
( 2 )Not applicable
( 3 )Includes Director Option to purchase 19,684 shares of Common Stock, which is held by Bandel L. Carano on behalf of Oak Investment Partners X, Limited Partnership ("Oak X, L.P.") and Director Option to purchase 316 shares of Common Stock, which is held by Mr. Carano on behalf of Oak X Affiliates Fund, Limited Partnership ("Oak X Affiliates, L.P."). Mr. Carano is a Managing Member of Oak Associates X, L.L.C., the General Partner of Oak X, L.P. and a Managing Member of Oak X Affiliates, L.L.C., the General Partner of Oak X Affiliates, L.P.

Remarks:
Remarks:On March 8, 2004, Oak Investment Partners VI, LP, ("Oak VI, L.P."), Oak VI Affiliates Fund, Limited Partnership ("Oak VI Affiliates, L.P."), Oak Investment Partners IX, Limited Partnership, ("Oak IX, L.P."), Oak IX Affiliates Fund, Limited Partnership ("Oak IX Affiliates, L.P."), Oak IX Affiliates Fund-A, Limited Partnership ("Oak IX Affiliates-A, L.P."), Oak X, L.P. and Oak X Affiliates, L.P. ceased to be reporting persons because they were no longer subject to Section 16, as they were no longer 10% owners.

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