Robert Joseph Deshaies - Feb 23, 2024 Form 4 Insider Report for WEX Inc. (WEX)

Signature
/s/ Timothy Bergeron as attorney-in-fact for Robert Joseph Deshaies
Stock symbol
WEX
Transactions as of
Feb 23, 2024
Transactions value $
-$332,775
Form type
4
Date filed
2/27/2024, 06:08 PM
Previous filing
Jan 3, 2024
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WEX Common Stock Sale -$333K -1.5K -21.22% $221.85 5.57K Feb 23, 2024 Direct

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 Award $0 +8.32K $0.00 8.32K Feb 23, 2024 Common Stock 8.32K $0.00 Direct F1, 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. The Leadership Development and Compensation Committee of the Company's Board of Directors certified that the performance criteria established in connection with this grant had been met as of February 23, 2024. As a result of achieving the performance criteria the award converted from a PSU to an RSU and the reporting person's right to these units was established.
F2 Restricted stock units will vest with respect to all of the underlying shares on March 15, 2024.