Hilary A. Rapkin - Jan 11, 2023 Form 4 Insider Report for WEX Inc. (WEX)

Role
Chief Legal Officer
Signature
/s/ Hilary Rapkin
Stock symbol
WEX
Transactions as of
Jan 11, 2023
Transactions value $
-$244,870
Form type
4
Date filed
1/12/2023, 06:32 PM
Previous filing
Nov 3, 2022
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $324K +2.05K +16.78% $158.23 14.3K Jan 11, 2023 Direct
transaction WEX Common Stock Sale -$358K -2.05K -14.37% $175.00 12.2K Jan 11, 2023 Direct F1
transaction WEX Common Stock Options Exercise $353K +3.22K +26.4% $109.66 15.4K Jan 11, 2023 Direct
transaction WEX Common Stock Sale -$564K -3.22K -20.89% $175.00 12.2K Jan 11, 2023 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 Stock Option (right to buy) Options Exercise $0 -2.05K -100% $0.00* 0 Jan 11, 2023 Common Stock 2.05K $158.23 Direct
transaction WEX Stock Option (right to buy) Options Exercise $0 -3.22K -66.58% $0.00 1.62K Jan 11, 2023 Common Stock 3.22K $109.66 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of common stock were sold pursuant to a Rule 10b5-1 trading plan that was entered into on November 16, 2022. The reported transaction is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
F2 This stock option will vest with respect to the remaining one third of shares on 3/16/2023.