Filing Details

Accession Number:
0001309108-20-000173
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-08-06 16:31:01
Reporting Period:
2020-08-05
Accepted Time:
2020-08-06 16:31:01
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 2020-08-05 13,568 $99.69 24,446 No 4 M Direct
Common Stock Disposition 2020-08-05 13,568 $165.54 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 2020-08-05 13,568 $0.00 13,568 $99.69
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
30,000 2027-05-10 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 91 Indirect 401(k)
Footnotes
  1. The price listed is a weighted average price for all shares sold. All shares were sold for between $165.00 and $166.64. Upon request, the reporting person will provide the Securities and Exchange Commission, WEX Inc. or any security holder of WEX Inc. with full information regarding the number of shares sold at each separate purchase price.
  2. Between May 13, 2020 and August 6, 2020 the reporting person acquired 8 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 August 5, 2020
  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. There are 43,568 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.