R. James Groch - May 11, 2023 Form 4 Insider Report for WEX Inc. (WEX)

Role
Director
Signature
/s/ Hilary Rapkin, as attorney-in-fact for James R. Groch
Stock symbol
WEX
Transactions as of
May 11, 2023
Transactions value $
$0
Form type
4
Date filed
5/15/2023, 05:08 PM
Previous filing
Apr 13, 2023
Next filing
Jul 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $0 +1.03K +11.83% $0.00 9.74K May 12, 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 Award $0 +1.15K $0.00 1.15K May 11, 2023 Common Stock 1.15K $0.00 Direct F2, F3
transaction WEX Restricted Stock Units Options Exercise $0 -1.03K -100% $0.00* 0 May 12, 2023 Common Stock 1.03K $0.00 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