Melanie J. Tinto - 18 Aug 2023 Form 4 Insider Report for WEX Inc. (WEX)

Signature
/s/ Hilary Rapkin, as attorney-in-fact for Melanie J. Tinto
Issuer symbol
WEX
Transactions as of
18 Aug 2023
Net transactions value
-$427,444
Form type
4
Filing time
21 Aug 2023, 21:28:25 UTC
Previous filing
28 Jun 2023
Next filing
21 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Options Exercise $135,649 +1,237 +14% $109.66 9,897 18 Aug 2023 Direct
transaction WEX Common Stock Options Exercise $277,694 +1,755 +18% $158.23 11,652 18 Aug 2023 Direct
transaction WEX Common Stock Sale $840,787 -4,601 -39% $182.74 7,051 18 Aug 2023 Direct F1
holding WEX Common Stock 560 18 Aug 2023 401(k) F2

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 Stock Option (right to buy) Options Exercise $0 -1,237 -100% $0.000000* 0 18 Aug 2023 Common Stock 1,237 $109.66 Direct F3
transaction WEX Stock Option (right to buy) Options Exercise $0 -1,755 -100% $0.000000* 0 18 Aug 2023 Common Stock 1,755 $158.23 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price listed is a weighted average price for all shares sold. All shares were sold for between $182.36 and $183.16. Upon request, the reporting person will provide the Securities and Exchange Commission, WEX Inc., or any security holder of WEX Inc. with full information regarding the number of shares sold at each separate purchase price.
F2 Between June 28, 2023 and August 21, 2023 the reporting person acquired 10 shares of WEX Inc. common stock under the WEX Inc. 401(k) savings plan. The information in this report is based on a plan statement dated August 17, 2023.
F3 This stock option vested with respect to one-third of these shares on each of 3/16/2021, 3/16/2022, and 3/16/2023
F4 This stock option vested with respect to one third of these shares on each of 3/15/2019, 3/15/2020 and 3/15/2021.