Karen B. Stroup - 15 Mar 2023 Form 4 Insider Report for WEX Inc. (WEX)

Signature
/s/ Hilary Rapkin, as attorney-in-fact for Karen Stroup
Issuer symbol
WEX
Transactions as of
15 Mar 2023
Net transactions value
-$250,229
Form type
4
Filing time
17 Mar 2023, 19:34:53 UTC
Previous filing
02 Mar 2023
Next filing
27 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $0 +530 $0.000000 530 15 Mar 2023 Direct
transaction WEX Common Stock Tax liability $36,960 -209 -39% $176.84 321 15 Mar 2023 Direct F1
transaction WEX Common Stock Options Exercise $0 +3,063 +954% $0.000000 3,384 15 Mar 2023 Direct
transaction WEX Common Stock Tax liability $213,269 -1,206 -36% $176.84 2,178 15 Mar 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 Restricted Stock Units Options Exercise $0 -530 -33% $0.000000 1,063 15 Mar 2023 Common Stock 530 $0.000000 Direct F2
transaction WEX Restricted Stock Units Options Exercise $0 -3,063 -50% $0.000000 3,064 15 Mar 2023 Common Stock 3,063 $0.000000 Direct F2
transaction WEX Restricted Stock Units Award $0 +1,959 $0.000000 1,959 15 Mar 2023 Common Stock 1,959 $0.000000 Direct F3
transaction WEX Stock Option (right to buy) Award $0 +4,165 $0.000000 4,165 15 Mar 2023 Common Stock 4,165 $173.56 Direct F4
* 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 Restricted Stock Units vested on March 15, 2023 and each RSU converted into one share of common stock.
F3 Restricted Stock Units ("RSUs") vest with respect to one-third of these shares on each one year anniversary of this grant
F4 This stock option will vest with respect to one-third of these shares on each one year anniversary of this grant.