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

Role
Chief Legal Officer
Signature
/s/ Hilary Rapkin
Issuer symbol
WEX
Transactions as of
11 Jan 2023
Net transactions value
-$244,870
Form type
4
Filing time
12 Jan 2023, 18:32:19 UTC
Previous filing
03 Nov 2022
Next filing
02 Mar 2023
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 $324,055 +2,048 +17% $158.23 14,251 11 Jan 2023 Direct
transaction WEX Common Stock Sale $358,400 -2,048 -14% $175.00 12,203 11 Jan 2023 Direct F1
transaction WEX Common Stock Options Exercise $353,325 +3,222 +26% $109.66 15,425 11 Jan 2023 Direct
transaction WEX Common Stock Sale $563,850 -3,222 -21% $175.00 12,203 11 Jan 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 -2,048 -100% $0.000000* 0 11 Jan 2023 Common Stock 2,048 $158.23 Direct
transaction WEX Stock Option (right to buy) Options Exercise $0 -3,222 -67% $0.000000 1,617 11 Jan 2023 Common Stock 3,222 $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.