Filing Details

Accession Number:
0001309108-20-000210
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-11-24 17:09:00
Reporting Period:
2020-11-24
Accepted Time:
2020-11-24 17:09:00
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1309108 Wex Inc. WEX Services-Business Services, Nec (7389) 010526993
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1620028 Roberto Simon C/O Wex Inc.
97 Darling Avenue
South Portland ME 04106
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-11-24 10,000 $99.69 20,878 No 4 M Direct
Common Stock Disposition 2020-11-24 10,000 $185.00 10,878 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2020-11-24 10,000 $0.00 10,000 $99.69
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,000 2027-05-10 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 98 Indirect 401(k)
Footnotes
  1. These securities were sold pursuant to a Rule 10b5-1 trading plan that was adopted on August 12, 2020.
  2. Between November 12, 2020 and November 24, 2020 the reporting person acquired 1 shares of WEX Inc. common stock under the WEX Inc. 401(k) savings plan. The information in this report is based on a statement dated November 23, 2020.
  3. As noted on the Reporting Person's Form 4 dated August 6, 2020, half of the performance based non-statutory stock options ("Performance-Based NSOs"), reported on the Reporting Person's Form 4 dated May 12, 2017 (the "Original Form 4"), vested on June 26, 2020 when the Company's closing stock price was at least $149.54 for twenty consecutive trading days. There are 43,568 Performance-Based NSOs from the Original Form 4 that have not yet vested. Please reference the Original Form 4 for further information regarding the vesting of the Performance-Based NSOs.