Demeter Tod A 4
4 · Wright Express CORP · Filed Feb 24, 2005
Insider Transaction Report
Form 4
Demeter Tod A
SVP & Chief Info. Officer
Transactions
- Award
Common Stock
2005-02-22$18.00/sh+2,500$45,000→ 2,500 total - Tax Payment
Common Stock
2005-02-22$17.08/sh−2,028$34,638→ 6,234 total - Award
Common Stock
2005-02-22$17.30/sh+5,762$99,683→ 8,262 total - Award
Restricted Stock Units
2005-02-22+13,333→ 13,333 totalExercise: $0.00→ Common Stock (13,333 underlying)
Footnotes (3)
- [F1]Securities were granted under the Wright Express Corporation ("Wright Express") 2005 Equity and Incentive Plan in connection with the initial public offering of Wright Express and the reporting person's surrender of restricted stock units of Cendant Corporation ("Cendant"), the parent of Wright Express prior to the initial public offering, and stock options to purchase Cendant common stock.
- [F2]Represents tax witholdings in connection with the surrender of restricted stock units of Cendant in exchange for common stock of Wright Express.
- [F3]Restricted Stock Units will become exercisable with respect to 25% of the shares on each of the first four anniversaries of the date of grant.