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

Signature
/s/ Hilary A. Rapkin, as attorney-in-fact for Melissa D. Smith
Issuer symbol
WEX
Transactions as of
24 Jun 2023
Net transactions value
-$357,873
Form type
4
Filing time
27 Jun 2023, 17:28:28 UTC
Previous filing
15 May 2023
Next filing
28 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $0 +4,684 +6.5% $0.000000 76,257 24 Jun 2023 Direct
transaction WEX Common Stock Tax liability $357,873 -2,078 -2.7% $172.22 74,179 24 Jun 2023 Direct F1
holding WEX Common Stock 1,693 24 Jun 2023 GMC Irrevocable Trust F2
holding WEX Common Stock 1,693 24 Jun 2023 FBC Irrevocable Trust F2
holding WEX Commom Stock 1,692 24 Jun 2023 BDC Irrevocable Trust F2
holding WEX Common Stock 18,277 24 Jun 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 -4,684 -100% $0.000000* 0 24 Jun 2023 Common Stock 4,684 $0.000000 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.