Form 4 for WEX WEX Inc.
Accepted 2023-07-17 00:00:00 ET · period of report 2023-07-13 · accession 0001309108-23-000158 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-07-17 | 2023-07-13 | WEX | Smith Melissa D | COB, CEO, Pres, Dir | M - OptEx | $99.69 | +41.1K | 123.1K | +50% | +$4.10M |
| D | 2023-07-17 | 2023-07-13 | WEX | Smith Melissa D | COB, CEO, Pres, Dir | S - Sale+OE | $195.00 | -41.1K | 82.0K | -33% | -$8.02M |
| D | 2023-07-17 | 2023-07-13 | WEX | Smith Melissa D | COB, CEO, Pres, Dir | M - OptEx | $0.00 | -41.1K | 46.0K | -47% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-07-13 | M | A | 41,107 | $99.69 | 123,105 | D | — | — | |
| 2 | Common | Common Stock | 2023-07-13 | S | D | 41,107 | $195.00 | 81,998 | D | — | — | (F1) 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. |
| 3 | Derivative | Stock Option (right to buy) | 2023-07-13 | M | D | 41,107 | $0.00 | 46,029 | D | $99.69 · — to 2027-05-10 | 41,107 Common Stock | (F3) 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. |