Melissa D. Smith - Mar 15, 2023 Form 4 Insider Report for WEX Inc. (WEX)

Role
Chair, CEO, and President, Director
Signature
/s/ Hilary A. Rapkin, as attorney-in-fact for Melissa D. Smith
Stock symbol
WEX
Transactions as of
Mar 15, 2023
Transactions value $
-$794,720
Form type
4
Date filed
3/17/2023, 07:34 PM
Previous filing
Mar 6, 2023
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $0 +2.19K +3.32% $0.00 68.1K Mar 15, 2023 Direct
transaction WEX Common Stock Tax liability -$172K -971 -1.43% $176.84 67.1K Mar 15, 2023 Direct F1
transaction WEX Common Stock Options Exercise $0 +1.38K +2.06% $0.00 68.5K Mar 15, 2023 Direct
transaction WEX Common Stock Tax liability -$108K -613 -0.9% $176.84 67.9K Mar 15, 2023 Direct F1
transaction WEX Common Stock Options Exercise $0 +2.74K +4.04% $0.00 70.6K Mar 16, 2023 Direct
transaction WEX Common Stock Tax liability -$211K -1.22K -1.72% $173.56 69.4K Mar 16, 2023 Direct F2
transaction WEX Common Stock Options Exercise $0 +3.94K +5.68% $0.00 73.3K Mar 16, 2023 Direct
transaction WEX Common Stock Tax liability -$303K -1.75K -2.38% $173.56 71.6K Mar 16, 2023 Direct F2
holding WEX Common Stock 1.69K Mar 15, 2023 BDC Irrevocable Trust F3
holding WEX Common Stock 1.69K Mar 15, 2023 FBC Irrevocable Trust F3
holding WEX Common Stock 1.69K Mar 15, 2023 GMC Irrevocable Trust F3
holding WEX Common Stock 18.3K Mar 15, 2023 By husband

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 -2.19K -33.3% $0.00 4.38K Mar 15, 2023 Common Stock 2.19K $0.00 Direct F4
transaction WEX Restricted Stock Units Options Exercise $0 -1.38K -49.91% $0.00 1.39K Mar 15, 2023 Common Stock 1.38K $0.00 Direct F4
transaction WEX Restricted Stock Units Options Exercise $0 -2.74K -100% $0.00* 0 Mar 16, 2023 Common Stock 2.74K $0.00 Direct F5
transaction WEX Restricted Stock Units Options Exercise $0 -3.94K -100% $0.00* 0 Mar 16, 2023 Common Stock 3.94K $0.00 Direct F5
transaction WEX Stock Option (right to buy) Award $0 +27K $0.00 27K Mar 15, 2023 Common Stock 27K $173.56 Direct F6
transaction WEX Common Stock Award $0 +7.63K $0.00 7.63K Mar 15, 2023 Common Stock 7.63K $0.00 Direct F7
* 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, 2023.
F2 Represents tax withholding in connection with the vesting of the Restricted Stock Units ("RSUs") on March 16, 2023.
F3 This trust was first described in a Form 4 filed by the reporting person on 06/28/2022.
F4 Restricted Stock Units vested on March 15, 2023, and each RSU converted into one share of common stock.
F5 Restricted Stock Units vested on March 16, 2023 and each RSU converted into one share of common stock.
F6 This stock option will vest with respect to one-third of these shares on each one year anniversary of this grant.
F7 Restricted Stock Units ("RSUs") vest with respect to one-third of these shares on each one year anniversary of this grant.