Susan Sobbott - 11 May 2023 Form 4 Insider Report for WEX Inc. (WEX)

Role
Director
Signature
/s/ Hilary Rapkin, as attorney-in-fact for Susan Sobbott
Issuer symbol
WEX
Transactions as of
11 May 2023
Net transactions value
$0
Form type
4
Filing time
15 May 2023, 17:06:00 UTC
Previous filing
06 Jun 2022
Next filing
13 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $0 +1,030 +32% $0.000000 4,207 12 May 2023 Direct

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 Award $0 +1,147 $0.000000 1,147 11 May 2023 Common Stock 1,147 $0.000000 Direct F1, F2
transaction WEX Restricted Stock Units Options Exercise $0 -1,030 -100% $0.000000* 0 12 May 2023 Common Stock 1,030 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting these shares will be credited under the WEX Inc. Non-Employee Deferred Compensation Plan and will be paid to the reporting person as common stock 200 days immediately following the date upon which the holder's services as a member of the Board of Directors terminate for any reason.
F2 Restricted Stock Units ("RSUs") will vest in total on May 11, 2024
F3 RSUs vested on May 12, 2023 and each RSU converted into one share of common stock.