Nancy A. Altobello - 11 May 2023 Form 4 Insider Report for WEX Inc. (WEX)

Role
Director
Signature
/s/ Hilary Rapkin, as attorney-in-fact for Nancy Altobello
Issuer symbol
WEX
Transactions as of
11 May 2023
Net transactions value
$0
Form type
4
Filing time
15 May 2023, 17:07:23 UTC
Previous filing
10 Jun 2022
Next filing
22 May 2023
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 +82% $0.000000 2,280 12 May 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 Unit Award $0 +1,147 $0.000000 1,147 11 May 2023 Common Stock 1,147 $0.000000 Direct F2, F3
transaction WEX Restricted Stock Units Options Exercise $0 -1,030 -100% $0.000000* 0 12 May 2023 Common Stock 1,030 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units ("RSUs") granted under the Amended and Restated WEX Inc. 2019 Equity and Incentive Plan, which vested on May 12, 2023. Each RSU was credited under the WEX Inc. Non-Employee Deferred Compensation Plan and will be transferred to the reporting person as common stock 200 days following the date upon which the holder's services as a member of the Board of Directors terminate for any reason.
F2 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.
F3 Restricted Stock Units ("RSUs") will vest in total on May 11, 2024.