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

Signature
/s/ Hilary Rapkin, as attorney-in-fact for Carlos Carriedo
Stock symbol
WEX
Transactions as of
Mar 15, 2023
Transactions value $
-$118,836
Form type
4
Date filed
3/17/2023, 07:36 PM
Previous filing
Mar 17, 2022
Next filing
Aug 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $0 +408 $0.00 408 Mar 15, 2023 Direct
transaction WEX Common Stock Tax liability -$34K -192 -47.06% $176.84 216 Mar 15, 2023 Direct F1
transaction WEX Common Stock Options Exercise $0 +1.02K +472.22% $0.00 1.24K Mar 15, 2023 Direct
transaction WEX Common Stock Tax liability -$84.9K -480 -38.83% $176.84 756 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 -408 -33.28% $0.00 818 Mar 15, 2023 Common Stock 408 $0.00 Direct F2
transaction WEX Restricted Stock Unit Options Exercise $0 -1.02K -33.29% $0.00 2.04K Mar 15, 2023 Common Stock 1.02K $0.00 Direct F2
transaction WEX Restricted Stock Units Award $0 +3.46K $0.00 3.46K Mar 15, 2023 Common Stock 3.46K $0.00 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.