Melissa D. Smith - 15 Mar 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
Issuer symbol
WEX
Transactions as of
15 Mar 2023
Net transactions value
-$794,720
Form type
4
Filing time
17 Mar 2023, 19:34:37 UTC
Previous filing
06 Mar 2023
Next filing
15 May 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 $0 +2,188 +3.3% $0.000000 68,059 15 Mar 2023 Direct
transaction WEX Common Stock Tax liability $171,712 -971 -1.4% $176.84 67,088 15 Mar 2023 Direct F1
transaction WEX Common Stock Options Exercise $0 +1,381 +2.1% $0.000000 68,469 15 Mar 2023 Direct
transaction WEX Common Stock Tax liability $108,403 -613 -0.9% $176.84 67,856 15 Mar 2023 Direct F1
transaction WEX Common Stock Options Exercise $0 +2,742 +4% $0.000000 70,598 16 Mar 2023 Direct
transaction WEX Common Stock Tax liability $211,223 -1,217 -1.7% $173.56 69,381 16 Mar 2023 Direct F2
transaction WEX Common Stock Options Exercise $0 +3,940 +5.7% $0.000000 73,321 16 Mar 2023 Direct
transaction WEX Common Stock Tax liability $303,383 -1,748 -2.4% $173.56 71,573 16 Mar 2023 Direct F2
holding WEX Common Stock 1,692 15 Mar 2023 BDC Irrevocable Trust F3
holding WEX Common Stock 1,693 15 Mar 2023 FBC Irrevocable Trust F3
holding WEX Common Stock 1,693 15 Mar 2023 GMC Irrevocable Trust F3
holding WEX Common Stock 18,277 15 Mar 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 -2,188 -33% $0.000000 4,383 15 Mar 2023 Common Stock 2,188 $0.000000 Direct F4
transaction WEX Restricted Stock Units Options Exercise $0 -1,381 -50% $0.000000 1,386 15 Mar 2023 Common Stock 1,381 $0.000000 Direct F4
transaction WEX Restricted Stock Units Options Exercise $0 -2,742 -100% $0.000000* 0 16 Mar 2023 Common Stock 2,742 $0.000000 Direct F5
transaction WEX Restricted Stock Units Options Exercise $0 -3,940 -100% $0.000000* 0 16 Mar 2023 Common Stock 3,940 $0.000000 Direct F5
transaction WEX Stock Option (right to buy) Award $0 +27,021 $0.000000 27,021 15 Mar 2023 Common Stock 27,021 $173.56 Direct F6
transaction WEX Common Stock Award $0 +7,628 $0.000000 7,628 15 Mar 2023 Common Stock 7,628 $0.000000 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.