Melissa D. Smith - Jun 26, 2023 Form 4 Insider Report for WEX Inc. (WEX)

Role
Chair, CEO, and President, Director
Signature
/s/ Hilary A. Rapkin, as attorney-in-fact for Melissa D. Smith
Stock symbol
WEX
Transactions as of
Jun 26, 2023
Transactions value $
-$1,077,139
Form type
4
Date filed
6/28/2023, 06:59 PM
Previous filing
Jun 27, 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 Award $0 +14.1K +18.94% $0.00 88.2K Jun 26, 2023 Direct F1
transaction WEX Common Stock Tax liability -$1.08M -6.23K -7.06% $172.84 82K Jun 26, 2023 Direct F2
holding WEX Common Stock 1.69K Jun 26, 2023 FBC Irrevocable Trust F3
holding WEX Common Stock 1.69K Jun 26, 2023 GMC Irrevocable Trust F3
holding WEX Common Stock 1.69K Jun 26, 2023 BDC Irrevocable Trust F3
holding WEX Common Stock 18.3K Jun 26, 2023 By husband
* 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.
F3 This trust was first described in a Form 4 filed by the reporting person on 06/28/2022.