UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
333 83930 04
SEC FILE NUMBER
CUSIP NUMBER
(Check One): X Form 10-K ___ Form 20-F ___ Form 11-K ___ Form 10-Q
___ Form N-SAR
For Period Ended: December 31, 2003
[ ] Transition Report on Form 10-K
[ ]Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: __________________
Read Instruction (on back page) Before Preparing Form. Please Print or Type.
Nothing in this form shall be construed to imply that the Commission has verified any
information contained herein.
If the notification relates to a portion of the filing checked above, identify the Items(s) to which the notification relates: Annual Independent Accountant's Report and Management Assertion with respect to Clarion Partners as Special Servicer.
____________________________________________________________________________________
PART I REGISTRANT INFORATION
Wachovia Commercial Mortgage Securities, Inc., (as depositor under the Pooling and Servicing Agreement, dated as of April 1, 2003, relating to the Wachovia Bank Commercial Mortgage Trust, Commercial Mortgage Pass-through Certificates, Series 2003-C4)
Full Name of Registrant
____________________________________________________________________________________
Former Name if Applicable
301 South College Street
Address of Principal Executive Office (Street and Number)
Charlotte, North Carolina, 28288-0166
City, State and Zip Code
PART II Rules 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
[X ] (a) The reasons described in reasonable detail in Part III of this form could not be eliminated without reasonable effort or expense;
(b) The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q, or portion thereof will be filed on or before the fifth calendar day following the prescribed due date; and
( c ) The accountant's statement or other exhibit required by Rule 12b-25 ( c ) has been attached if
applicable.
PART III NARRATIVE
State below in reasonable detail the reason(s) why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR, or the transition report portion thereof, could not be filed within the prescribed time period.
Part III Narrative is attached.
PART IV OTHER INFORMATION
- Name and telephone number of person to contact regard to this notification
Cynthia Reis (312) 904-7830
(Name) (Area Code) (Telephone Number)
- Have all other periodic reports under Section 13 or 15 (d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s). If answer is no, identify reports(s).
___X Yes ___ No
- Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof, ___ Yes _X_ No
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
_____________________________________________________________________________
Wachovia Commercial Mortgage Securities, Inc., by LaSalle Bank National Association, as Paying Agent for Wachovia Bank Commercial Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2003-C4, as Attorney In Fact
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 31, 2004
By: /s/ Cynthia Reis
Cynthia Reis
Senior Vice President
INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to sing on behalf of the registrant shall be filed with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal Violations (See 18 U.S.C. 1001).
PART III -- NARRATIVE
Pursuant to Rule 12b-25(c), the Registrant attaches the following:
The Independent Accountant Report (USAP) and Management Assertion from Clarion Partners, LLC, as Special Servicer required to be attached to Form 10-K as Exhibits 99.1(b) and 99.2(b) respectively (collectively, the "Exhibits") by their terms prohibited those documents from being shared with parties other than the specific parties that were addressees to those documents. Despite the Registrant's attempts to receive the Exhibits earlier, they were not received until shortly prior to the filing deadline. The Registrant has made numerous attempts to cause the Exhibits to be revised and delivered without any such restriction but could not do so without unreasonable effort and expense. Clarion Partners, LLC is not an affiliate of the Registrant and Clarion Partners, LLC has not given the Registrant permission to speak with Ernst & Young, the preparers of the Independent Accountant Report (USAP) and Management Assertion, regarding the confidentiality clauses contained in the Ex hibits.
Wachovia Commercial Mortgage Securities, Inc, by LaSalle Bank National Association, as Paying Agent for Wachovia Bank Commercial Mortgage Trust, Commercial Mortgage Pass Through Certificates, Series 2003 C4, as Attorney In Fact
By: /s/ Cynthia Reis
Cynthia Reis
Senior Vice President
Date: March 31, 2004