Hilary A. Rapkin - 15 Mar 2023 Form 4 Insider Report for WEX Inc. (WEX)

Signature
/s/ Hilary Rapkin
Issuer symbol
WEX
Transactions as of
15 Mar 2023
Net transactions value
-$168,903
Form type
4
Filing time
17 Mar 2023, 19:36:00 UTC
Previous filing
02 Mar 2023
Next filing
27 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $0 +295 +2.4% $0.000000 12,498 15 Mar 2023 Direct
transaction WEX Common Stock Tax liability $23,166 -131 -1% $176.84 12,367 15 Mar 2023 Direct F1
transaction WEX Common Stock Options Exercise $0 +369 +3% $0.000000 12,736 15 Mar 2023 Direct
transaction WEX Common Stock Tax liability $29,002 -164 -1.3% $176.84 12,572 15 Mar 2023 Direct F1
transaction WEX Common Stock Options Exercise $0 +428 +3.4% $0.000000 13,000 15 Mar 2023 Direct
transaction WEX Common Stock Tax liability $33,600 -190 -1.5% $176.84 12,810 15 Mar 2023 Direct F1
transaction WEX Common Stock Options Exercise $0 +519 +4.1% $0.000000 13,329 16 Mar 2023 Direct
transaction WEX Common Stock Tax liability $40,092 -231 -1.7% $173.56 13,098 16 Mar 2023 Direct F2
transaction WEX Common Stock Options Exercise $0 +559 +4.3% $0.000000 13,657 16 Mar 2023 Direct
transaction WEX Common Stock Tax liability $43,043 -248 -1.8% $173.56 13,409 16 Mar 2023 Direct F2

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 -295 -50% $0.000000 296 15 Mar 2023 Common Stock 295 $0.000000 Direct F3
transaction WEX Restricted Stock Units Options Exercise $0 -369 -50% $0.000000 370 15 Mar 2023 Common Stock 369 $0.000000 Direct F3
transaction WEX Restricted Stock Units Options Exercise $0 -428 -33% $0.000000 859 15 Mar 2023 Common Stock 428 $0.000000 Direct F3
transaction WEX Restricted Stock Units Options Exercise $0 -519 -100% $0.000000* 0 16 Mar 2023 Common Stock 519 $0.000000 Direct F4
transaction WEX Restricted Stock Unit Options Exercise $0 -559 -100% $0.000000* 0 16 Mar 2023 Common Stock 559 $0.000000 Direct F4
transaction WEX Restricted Stock Unit Award $0 +1,844 $0.000000 1,844 15 Mar 2023 Common Stock 1,844 $0.000000 Direct F5
transaction WEX Stock Option (right to buy) Award $0 +3,920 $0.000000 3,920 15 Mar 2023 Common Stock 3,920 $173.56 Direct F6
* 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 Restricted Stock Units vested on March 15, 2023 and each RSU converted into one share of common stock.
F4 Restricted Stock Units vested on March 16, 2023 and each RSU converted into one share of common stock.
F5 Restricted Stock Units ("RSUs") vest with respect to one-third of these shares on each one year anniversary of this grant.
F6 This stock option will vest with respect to one-third of these shares on each one year anniversary of this grant.