Ann Elena Drew - 16 Dec 2022 Form 4 Insider Report for WEX Inc. (WEX)

Signature
/s/ Hilary A. Rapkin as attorney-in-fact for Ann Elena Drew
Issuer symbol
WEX
Transactions as of
16 Dec 2022
Net transactions value
-$93,780
Form type
4
Filing time
20 Dec 2022, 18:15:58 UTC
Previous filing
28 Jun 2022
Next filing
02 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $0 +1,465 +36% $0.000000 5,520 16 Dec 2022 Direct
transaction WEX Common Stock Tax liability $70,253 -430 -7.8% $163.38 5,090 16 Dec 2022 Direct F1
transaction WEX Common Stock Options Exercise $0 +489 +9.6% $0.000000 5,579 16 Dec 2022 Direct
transaction WEX Common Stock Tax liability $23,527 -144 -2.6% $163.38 5,435 16 Dec 2022 Direct F1

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 -1,465 -100% $0.000000* 0 16 Dec 2022 Common Stock 1,465 $0.000000 Direct F2
transaction WEX Restricted Stock Units Options Exercise $0 -489 -100% $0.000000* 0 16 Dec 2022 Common Stock 489 $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 December 16, 2022.
F2 Restricted Stock Units vested on December 16, 2022 and each RSU converted into one share of common stock.