Filing Details

Accession Number:
0001309108-24-000011
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-01-24 17:54:35
Reporting Period:
2024-01-22
Accepted Time:
2024-01-24 17:54:35
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
1317498 D Melissa Smith 1 Hancock Street
Portland ME 04101
Chair, Ceo, And President Yes 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 2024-01-22 41,107 $99.69 123,105 No 4 M Direct
Common Stock Disposition 2024-01-22 41,107 $205.00 81,998 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 2024-01-22 41,107 $0.00 41,107 $99.69
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,922 2027-05-10 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 18,277 Indirect By husband
Common Stock 1,693 Indirect FBC Irrevocable Trust
Common Stock 1,692 Indirect BDC Irrevocable Trust
Common Stock 1,693 Indirect GMC Irrevocable Trust
Footnotes
  1. The reported exercising of 41,107 options and subsequent sale of 41,107 shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 2, 2023.
  2. This trust was first described in a Form 4 filed by the reporting person on 06/28/2022.
  3. 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.