Joel Alan Dearborn JR - Jun 26, 2023 Form 4 Insider Report for WEX Inc. (WEX)

Role: Chief Strategy Officer
Signature: /s/ Hilary Rapkin, as attorney-in-fact for Joel A. Dearborn
Stock symbol: WEX
Transactions as of: Jun 26, 2023
Transactions value $: -$179,581
Form type: 4
Date filed: 6/28/2023, 06:50 PM
Previous filing: Jun 27, 2023
Next filing: Feb 27, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEX	Common Stock	Award	$0	+2.34K	+16.55%	$0.00	16.5K	Jun 26, 2023	Direct	F1
transaction	WEX	Common Stock	Tax liability	-$180K	-1.04K	-6.3%	$172.84	15.5K	Jun 26, 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This award was granted as a performance stock unit on June 24, 2020 and was described in the Issuer's Proxy Statement filed on April 20, 2021. On June 26, 2023, the Subcommittee of the Leadership Development and Compensation Committee certified the extent to which the performance criteria established in connection with this grant had been met and the award converted from PSUs to common stock in the amounts as set forth in the grant.
F2	Represents tax withholding in connection with the settlement of the common stock on June 26, 2023.

Content

This award was granted as a performance stock unit on June 24, 2020 and was described in the Issuer's Proxy Statement filed on April 20, 2021. On June 26, 2023, the Subcommittee of the Leadership Development and Compensation Committee certified the extent to which the performance criteria established in connection with this grant had been met and the award converted from PSUs to common stock in the amounts as set forth in the grant.

Represents tax withholding in connection with the settlement of the common stock on June 26, 2023.