Filing Details
- Accession Number:
- 0001309108-21-000091
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-04-07 16:10:29
- Reporting Period:
- 2021-04-05
- Accepted Time:
- 2021-04-07 16:10:29
- 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 |
|---|---|---|---|---|---|---|---|
| 1703759 | Robert Scott Phillips | C/O Wex Inc. 97 Darling Avenue South Portland ME 04106 | President, Global Fleet | 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 | 2021-04-05 | 17,427 | $99.69 | 24,785 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2021-04-05 | 3,222 | $109.66 | 28,007 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2021-04-05 | 20,649 | $215.79 | 7,358 | 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 | 2021-04-05 | 17,427 | $0.00 | 17,427 | $99.69 |
| Common Stock | Stock Option (right to buy) | Disposition | 2021-04-05 | 3,222 | $0.00 | 3,222 | $109.66 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2027-05-10 | No | 4 | M | Direct | |
| 6,456 | No | 4 | M | Direct |
Footnotes
- These securities were sold pursuant to a Rule 10b5-1 trading plan that was adopted on March 3, 2021.
- 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.
- 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.
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