Robert Joseph Deshaies - Mar 1, 2022 Form 4 Insider Report for WEX Inc. (WEX)

Role: President, WEX Health
Signature: /s/ Hilary Rapkin, as attorney-in-fact for Robert Joseph Deshaies
Stock symbol: WEX
Transactions as of: Mar 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/3/2022, 05:10 PM
Previous filing: Feb 16, 2022
Next filing: Mar 14, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WEX	Restricted Stock Units	Award	$0	+1.51K		$0.00	1.51K	Mar 1, 2022	Common Stock	1.51K	$0.00	Direct	F1, F2
transaction	WEX	Restricted Stock Units	Award	$0	+608		$0.00	608	Mar 1, 2022	Common Stock	608	$0.00	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This award was granted as a performance stock unit. The Leadership Development and Compensation Committee of the Company's Board of Directors certified that the performance criteria established in connection with this grant had been met as of March 1, 2022. As a result of achieving the performance criteria, the award converted from a PSU to an RSU and the reporting person's right to these units was established.
F2	Restricted stock units will vest with respect to all of the underlying shares on March 20, 2022.

Content

This award was granted as a performance stock unit. The Leadership Development and Compensation Committee of the Company's Board of Directors certified that the performance criteria established in connection with this grant had been met as of March 1, 2022. As a result of achieving the performance criteria, the award converted from a PSU to an RSU and the reporting person's right to these units was established.

Restricted stock units will vest with respect to all of the underlying shares on March 20, 2022.