Melissa D. Smith - 20 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
20 Mar 2022
Net transactions value
-$1,171,787
Form type
4
Filing time
22 Mar 2022, 17:01:56 UTC
Previous filing
17 Mar 2022
Next filing
09 May 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 +15,951 +25% $0.000000 79,453 20 Mar 2022 Direct
transaction WEX Common Stock Tax liability $1,108,363 -6,396 -8.1% $173.29 73,057 20 Mar 2022 Direct F1
transaction WEX Common Stock Options Exercise $0 +1,248 +1.7% $0.000000 74,305 20 Mar 2022 Direct
transaction WEX Common Stock Tax liability $63,424 -366 -0.49% $173.29 73,939 20 Mar 2022 Direct F1
holding WEX Common Stock 15,185 20 Mar 2022 Melissa Smith GRAT

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 Options Exercise $0 -15,951 -100% $0.000000* 0 20 Mar 2022 Common Stock 15,951 $0.000000 Direct F2
transaction WEX Restricted Stock Units Options Exercise $0 -1,248 -100% $0.000000* 0 20 Mar 2022 Common Stock 1,248 $0.000000 Direct F2
* 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 20, 2022.
F2 Restricted Stock Units vested on March 20, 2022 and each RSU converted into one share of common stock.