Filing Details

Accession Number:
0001309108-21-000026
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-03-02 17:31:52
Reporting Period:
2021-03-01
Accepted Time:
2021-03-02 17:31:52
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
1317495 A Hilary Rapkin C/O Wex Inc.
97 Darling Avenue
South Portland ME 04106
Chief Legal 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 2021-03-01 1,904 $103.75 17,803 No 4 M Direct
Common Stock Acquisiton 2021-03-01 3,060 $77.20 20,863 No 4 M Direct
Common Stock Acquisiton 2021-03-01 2,810 $104.95 23,673 No 4 M Direct
Common Stock Acquisiton 2021-03-01 13,071 $99.69 36,744 No 4 M Direct
Common Stock Disposition 2021-03-01 25,258 $210.00 11,486 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
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 2021-03-01 1,904 $0.00 1,904 $103.75
Common Stock Stock Option (right to buy) Disposition 2021-03-01 3,060 $0.00 3,060 $77.20
Common Stock Stock Option (right to buy) Disposition 2021-03-01 2,810 $0.00 2,810 $104.95
Common Stock Stock Option (right to buy) Disposition 2021-03-01 13,071 $0.00 13,071 $99.69
Common Stock Restricted Stock Unit Acquisiton 2021-03-01 3,980 $0.00 3,980 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2025-03-15 No 4 M Direct
0 2026-03-15 No 4 M Direct
0 2027-03-20 No 4 M Direct
0 2027-05-10 No 4 M Direct
3,980 No 4 A Direct
Footnotes
  1. This stock option vested with respect to one third of these shares on each of 3/15/2016, 3/15/2017 and 3/15/2018.
  2. This stock option vested with respect to one third of these shares on each of 3/15/2017, 3/15/2018 and 3/15/2019.
  3. This stock option vested with respect to one third of these shares on each of 3/20/2018, 3/20/2019 and 3/20/2020.
  4. 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. Another quarter of the Performance-Based NSOs vested on December 29, 2020 when the Company's closing stock price was at least $174.45 for twenty consecutive trading days. There are 4,356 Performance-Based NSOSs 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.
  5. This award was granted as a performance stock unit. The 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 March 1, 2021. 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.
  6. RSUs vest with respect to this award on 3/15/2021.