Jagtar Narula - Jun 15, 2023 Form 4 Insider Report for WEX Inc. (WEX)

Role
Chief Financial Officer
Signature
/s/ Hilary Rapkin, as attorney-in-fact for Jagtar Narula
Stock symbol
WEX
Transactions as of
Jun 15, 2023
Transactions value $
-$347,626
Form type
4
Date filed
6/20/2023, 08:33 PM
Previous filing
Mar 17, 2023
Next filing
Dec 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Restricted Stock Units Options Exercise $0 +4.66K $0.00 4.66K Jun 15, 2023 Direct
transaction WEX Restricted Stock Units Tax liability -$305K -1.76K -37.71% $173.90 2.9K Jun 15, 2023 Direct F1
transaction WEX Restricted Stock Units Options Exercise $0 +827 +28.52% $0.00 3.73K Jun 15, 2023 Direct
transaction WEX Restricted Stock Units Tax liability -$42.3K -243 -6.52% $173.90 3.48K Jun 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 -4.66K -49.99% $0.00 4.66K Jun 15, 2023 Common Stock 4.66K $0.00 Direct F2
transaction WEX Restricted Stock Units Options Exercise $0 -827 -33.29% $0.00 1.66K Jun 15, 2023 Common Stock 827 $0.00 Direct F2
* 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 June 15, 2023.
F2 Restricted Stock Units vested on June 15, 2023 and each RSU converted into one share of common stock.