Filing Details

Accession Number:
0001309108-21-000089
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-04-05 16:55:31
Reporting Period:
2021-04-01
Accepted Time:
2021-04-05 16:55:31
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 2021-04-01 10,000 $99.69 27,421 No 4 M Direct
Common Stock Acquisiton 2021-04-01 3,791 $109.66 31,212 No 4 M Direct
Common Stock Disposition 2021-04-01 18,791 $215.00 12,421 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2021-04-01 10,000 $0.00 10,000 $99.69
Common Stock Stock Option (right to buy) Disposition 2021-04-01 3,791 $0.00 3,791 $109.66
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
11,784 2027-05-10 No 4 M Direct
7,595 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 105 Indirect 401(k)
Footnotes
  1. These securities were sold pursuant to a Rule 10b5-1 trading plan that was adopted on February 26, 2021.
  2. Between March 23, 2021 and April 1, 2021 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 plan statement dated April 1, 2021.
  3. As noted on the Reporting Person's Form 4 dated March 2, 2021, 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. The last remaining quarter of the Performance-Based NSOs vested on March 8, 2021 when the Company's closing stock price was at least $199.38 for twenty consecutive trading days. Please reference the Original Form 4 for further information regarding the vesting of the Performance-Based NSOs.
  4. This stock option vested with respect to one third of these shares on 3/16/2021 and will vest with respect to one third of these shares on both 3/16/2022 and 3/16/2023.