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

Role
Chief Digital Officer
Signature
/s/ Hilary Rapkin, as attorney-in-fact for Karen Stroup
Stock symbol
WEX
Transactions as of
Mar 15, 2023
Transactions value $
-$250,229
Form type
4
Date filed
3/17/2023, 07:34 PM
Previous filing
Mar 2, 2023
Next filing
Feb 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $0 +530 $0.00 530 Mar 15, 2023 Direct
transaction WEX Common Stock Tax liability -$37K -209 -39.43% $176.84 321 Mar 15, 2023 Direct F1
transaction WEX Common Stock Options Exercise $0 +3.06K +954.21% $0.00 3.38K Mar 15, 2023 Direct
transaction WEX Common Stock Tax liability -$213K -1.21K -35.64% $176.84 2.18K Mar 15, 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 -33.27% $0.00 1.06K Mar 15, 2023 Common Stock 530 $0.00 Direct F2
transaction WEX Restricted Stock Units Options Exercise $0 -3.06K -49.99% $0.00 3.06K Mar 15, 2023 Common Stock 3.06K $0.00 Direct F2
transaction WEX Restricted Stock Units Award $0 +1.96K $0.00 1.96K Mar 15, 2023 Common Stock 1.96K $0.00 Direct F3
transaction WEX Stock Option (right to buy) Award $0 +4.17K $0.00 4.17K Mar 15, 2023 Common Stock 4.17K $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.