Carlos Carriedo - 15 Mar 2023 Form 4 Insider Report for WEX Inc. (WEX)

Signature
/s/ Hilary Rapkin, as attorney-in-fact for Carlos Carriedo
Issuer symbol
WEX
Transactions as of
15 Mar 2023
Net transactions value
-$118,836
Form type
4
Filing time
17 Mar 2023, 19:36:32 UTC
Previous filing
17 Mar 2022
Next filing
03 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $0 +408 $0.000000 408 15 Mar 2023 Direct
transaction WEX Common Stock Tax liability $33,953 -192 -47% $176.84 216 15 Mar 2023 Direct F1
transaction WEX Common Stock Options Exercise $0 +1,020 +472% $0.000000 1,236 15 Mar 2023 Direct
transaction WEX Common Stock Tax liability $84,883 -480 -39% $176.84 756 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 -408 -33% $0.000000 818 15 Mar 2023 Common Stock 408 $0.000000 Direct F2
transaction WEX Restricted Stock Unit Options Exercise $0 -1,020 -33% $0.000000 2,044 15 Mar 2023 Common Stock 1,020 $0.000000 Direct F2
transaction WEX Restricted Stock Units Award $0 +3,458 $0.000000 3,458 15 Mar 2023 Common Stock 3,458 $0.000000 Direct F3
* 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.