David Cooper - Mar 15, 2022 Form 4 Insider Report for WEX Inc. (WEX)

Role
Chief Technology Officer
Signature
/s/ Hilary A. Rapkin, as attorney-in-fact for David Cooper
Stock symbol
WEX
Transactions as of
Mar 15, 2022
Transactions value $
-$20,566
Form type
4
Date filed
3/17/2022, 08:27 PM
Previous filing
Mar 3, 2022
Next filing
Mar 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $0 +383 +5.42% $0.00 7.45K Mar 15, 2022 Direct
transaction WEX Common Stock Tax liability $0 -114 -1.53% $0.00 7.34K Mar 15, 2022 Direct F1
transaction WEX Common Stock Options Exercise $0 +516 +7.03% $0.00 7.85K Mar 16, 2022 Direct
transaction WEX Common Stock Tax liability -$20.6K -126 -1.6% $163.22 7.73K Mar 16, 2022 Direct F2

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 Unit Award $0 +1.83K $0.00 1.83K Mar 15, 2022 Common Stock 1.83K $0.00 Direct F3
transaction WEX Stock Option (right to buy) Award $0 +4.22K $0.00 4.22K Mar 15, 2022 Common Stock 4.22K $163.22 Direct F4
transaction WEX Restricted Stock Units Options Exercise $0 -383 -33.28% $0.00 768 Mar 15, 2022 Common Stock 383 $0.00 Direct F5
transaction WEX Restricted Stock Unit Options Exercise $0 -516 -49.86% $0.00 519 Mar 16, 2022 Common Stock 516 $0.00 Direct F6
* 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 Restricted Stock Units ("RSUs") vest with respect to one-third of these shares on each one year anniversary of this grant.
F4 This stock option will vest with respect to one-third of these shares on each one year anniversary of this grant.
F5 Restricted Stock Units vested on March 15, 2022 and each RSU converted into one share of common stock.
F6 Restricted Stock Units vested on March 16, 2022 and each RSU converted into one share of common stock.