Melissa D. Smith - Jun 24, 2023 Form 4 Insider Report for WEX Inc. (WEX)

Signature
/s/ Hilary A. Rapkin, as attorney-in-fact for Melissa D. Smith
Stock symbol
WEX
Transactions as of
Jun 24, 2023
Transactions value $
-$357,873
Form type
4
Date filed
6/27/2023, 05:28 PM
Previous filing
May 15, 2023
Next filing
Jun 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $0 +4.68K +6.54% $0.00 76.3K Jun 24, 2023 Direct
transaction WEX Common Stock Tax liability -$358K -2.08K -2.72% $172.22 74.2K Jun 24, 2023 Direct F1
holding WEX Common Stock 1.69K Jun 24, 2023 GMC Irrevocable Trust F2
holding WEX Common Stock 1.69K Jun 24, 2023 FBC Irrevocable Trust F2
holding WEX Commom Stock 1.69K Jun 24, 2023 BDC Irrevocable Trust F2
holding WEX Common Stock 18.3K Jun 24, 2023 By husband

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 -4.68K -100% $0.00* 0 Jun 24, 2023 Common Stock 4.68K $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 June 24, 2023.
F2 This trust was first described in a Form 4 filed by the reporting person on 06/28/2022.
F3 Restricted Stock Units vested on June 24, 2023 and each RSU converted into one share of common stock.