Trickett Sara 4

Accession 0001309108-25-000053

CIK 0001309108other

View on SEC.gov Company Profile

Filed

Mar 17, 8:00 PM ET

Accepted

Mar 18, 8:18 PM ET

Size

38.2 KB

Accession

0001309108-25-000053

Insider Transaction Report

Form 4

Period: 2025-03-15

WEX Inc.WEX

Trickett Sara

Chief Legal Officer

Transactions

Exercise/Conversion
Restricted Stock Units
2025-03-15−78→ 159 total
Exercise: $0.00→ Common Stock (78 underlying)
Exercise/Conversion
Market Share Units
2025-03-15−54→ 158 total
→ Common Stock (54 underlying)
Tax Payment
Common Stock
2025-03-15$154.09/sh−37$5,701→ 340 total
Exercise/Conversion
Common Stock
2025-03-15+83→ 377 total
Award
Restricted Stock Units
2025-03-17+1,519→ 1,519 total
Exercise: $0.00→ Common Stock (1,519 underlying)
Exercise/Conversion
Common Stock
2025-03-15+89→ 429 total
Tax Payment
Common Stock
2025-03-15$154.09/sh−40$6,164→ 389 total
Tax Payment
Common Stock
2025-03-15$154.09/sh−478$73,655→ 988 total
Exercise/Conversion
Common Stock
2025-03-15+78→ 1,066 total
Tax Payment
Common Stock
2025-03-15$154.09/sh−35$5,393→ 1,031 total
Tax Payment
Common Stock
2025-03-15$154.09/sh−535$82,438→ 1,702 total
Exercise/Conversion
Restricted Stock Units
2025-03-15−89→ 89 total
Exercise: $0.00→ Common Stock (89 underlying)
Exercise/Conversion
Restricted Stock Units
2025-03-15−83→ 0 total
Exercise: $0.00→ Common Stock (83 underlying)
Exercise/Conversion
Common Stock
2025-03-15+1,077→ 1,466 total
Exercise/Conversion
Common Stock
2025-03-15+54→ 1,756 total
Tax Payment
Common Stock
2025-03-15$154.09/sh−24$3,698→ 1,732 total
Exercise/Conversion
Restricted Stock Units
2025-03-15−1,077→ 0 total
Exercise: $0.00→ Common Stock (1,077 underlying)
Exercise/Conversion
Restricted Stock Units
2025-03-15−1,206→ 0 total
Exercise: $0.00→ Common Stock (1,206 underlying)
Exercise/Conversion
Common Stock
2025-03-15+1,206→ 2,237 total
Award
Market Share Units
2025-03-17+1,519→ 1,519 total
→ Common Stock (1,519 underlying)

Footnotes (10)

[F1]Represents tax withholding in connection with the vesting of the Restricted Stock Units ("RSUs") on March 15, 2025.
[F10]Represents the target number of shares underlying the MSU award granted on March 17, 2025.
[F2]Represents tax withholding in connection with the vesting of the Market Stock Units ("MSUs") on March 15, 2025.
[F3]RSUs vested on March 15, 2025 and each RSU converted into one share of common stock.
[F4]One-third of RSUs vest each year on the first, second and third anniversaries of the date of grant.
[F5]RSUs vest with respect to all of these shares on the one year anniversary of this grant.
[F6]Following certification of performance relating to this award (as previously reported by the reporting person), the RSUs vested on March 15, 2025 and each converted into one share of common stock.
[F7]Each MSU, a form of performance-based restricted stock unit, converts into the number of shares of common stock determined by applying a payout factor to the target number of MSUs vesting on a given date. The payout factor is a ratio of the average of the closing price on the measurement date plus the nine prior trading days divided by the average stock price on the grant date (also a 10-day average) divided by the close price on the grant date. The minimum payout factor that must be achieved to earn a payout is 60% and the maximum payout factor is 200%.
[F8]Represents the number of MSUs that vested in the first tranche of the MSU award granted on March 15, 2024, based on a 67.24% payout factor, and were converted into an equal number of shares of common stock.
[F9]One-third of the MSU award vests on each of the first, second and third anniversaries of the grant date and converts into shares of common stock based on a payout factor, provided that if the payout factor is not at least 60% on an applicable vesting date, the MSUs eligible to vest on such date will be forfeited.

Documents

1 file

4
wk-form4_1742343497.xmlPrimary
FORM 4

Issuer

WEX Inc.

CIK 0001309108

→

Entity typeother

Related Parties

filerCIK 0002008665

Filing Metadata

Form type: 4
Filed: Mar 17, 8:00 PM ET
Accepted: Mar 18, 8:18 PM ET
Size: 38.2 KB

View on SEC.gov