Melissa D. Smith - 15 Mar 2022 Form 4 Insider Report for WEX Inc. (WEX)

Role
CEO and Chair, WEX Inc., Director
Signature
/s/ Hilary A. Rapkin, as attorney-in-fact for Melissa D. Smith
Issuer symbol
WEX
Transactions as of
15 Mar 2022
Net transactions value
-$195,368
Form type
4
Filing time
17 Mar 2022, 20:25:40 UTC
Previous filing
03 Mar 2022
Next filing
22 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $0 +1,381 +2.3% $0.000000 61,975 15 Mar 2022 Direct
transaction WEX Common Stock Tax liability $64,303 -403 -0.65% $159.56 61,572 15 Mar 2022 Direct F1
transaction WEX Common Stock Options Exercise $0 +2,733 +4.4% $0.000000 64,305 16 Mar 2022 Direct
transaction WEX Common Stock Tax liability $131,066 -803 -1.2% $163.22 63,502 16 Mar 2022 Direct F2
holding WEX Common Stock 15,185 15 Mar 2022 Melissa Smith GRAT F3

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 +6,571 $0.000000 6,571 15 Mar 2022 Common Stock 6,571 $0.000000 Direct F4
transaction WEX Stock Option (right to buy) Award $0 +25,241 $0.000000 25,241 15 Mar 2022 Common Stock 25,241 $163.22 Direct F5
transaction WEX Restricted Stock Units Options Exercise $0 -1,381 -33% $0.000000 2,767 15 Mar 2022 Common Stock 1,381 $0.000000 Direct F6
transaction WEX Restricted Stock Units Options Exercise $0 -2,733 -50% $0.000000 2,742 16 Mar 2022 Common Stock 2,733 $0.000000 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents tax withholding in connection with the vesting of the Restricted Stock Units ("RSUs") on March 15, 2022.
F2 Represents tax withholding in connection with the vesting of the Restricted Stock Units ("RSUs") on March 16, 2022.
F3 On May 24, 2021, 8,815 shares of common stock were distributed from the GRAT to the reporting person's personal account and those shares are now reported as being directly owned.
F4 Restricted Stock Units ("RSUs") vest with respect to one-third of these shares on each one year anniversary of this grant.
F5 This stock option will vest with respect to one-third of these shares on each one year anniversary of this grant.
F6 Restricted Stock Units vested on March 15, 2022, and each RSU converted into one share of common stock.
F7 Restricted Stock Units vested on March 16, 2022, and each RSU converted into one share of common stock.