Form 4 for WEX WEX Inc.
Accepted 2024-03-19 00:00:00 ET · period of report 2024-03-15 · accession 0001309108-24-000082 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-03-19 | 2024-03-15 | WEX | Rapkin Hilary A | CLO | F - Tax | $233.95 | -3,116 | 10.7K | -22% | -$729.0K |
| DM | 2024-03-19 | 2024-03-15 | WEX | Rapkin Hilary A | CLO | M - OptEx | $0.00 | +7,019 | 16.8K | +72% | $0 |
| DM | 2024-03-19 | 2024-03-15 | WEX | Rapkin Hilary A | CLO | M - OptEx | $0.00 | -7,019 | 0 | -100% | $0 |
| DM | 2024-03-19 | 2024-03-15 | WEX | Rapkin Hilary A | CLO | A - Grant | $0.00 | +2,068 | 1,034 | New | $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 | 2024-03-15 | F | D | 191 | $233.95 | 11,176 | D | — | — | |
| 2 | Common | Common Stock | 2024-03-15 | M | A | 614 | $0.00 | 11,790 | D | — | — | |
| 3 | Common | Common Stock | 2024-03-15 | F | D | 273 | $233.95 | 11,517 | D | — | — | |
| 4 | Common | Common Stock | 2024-03-15 | F | D | 2,355 | $233.95 | 14,472 | D | — | — | |
| 5 | Common | Common Stock | 2024-03-15 | M | A | 296 | $0.00 | 10,865 | D | — | — | |
| 6 | Common | Common Stock | 2024-03-15 | M | A | 429 | $0.00 | 11,367 | D | — | — | |
| 7 | Common | Common Stock | 2024-03-15 | F | D | 165 | $233.95 | 10,938 | D | — | — | |
| 8 | Common | Common Stock | 2024-03-15 | M | A | 370 | $0.00 | 11,103 | D | — | — | |
| 9 | Common | Common Stock | 2024-03-15 | F | D | 132 | $233.95 | 10,733 | D | — | — | |
| 10 | Common | Common Stock | 2024-03-15 | M | A | 5,310 | $0.00 | 16,827 | D | — | — | |
| 11 | Derivative | Restricted Stock Unit | 2024-03-15 | M | D | 614 | $0.00 | 1,230 | D | $0.00 · — to — | 614 Common Stock | (F2) Restricted Stock Units vested on March 15, 2024 and each RSU converted into one share of common stock. |
| 12 | Derivative | Restricted Stock Units | 2024-03-15 | M | D | 370 | $0.00 | 0 | D | $0.00 · — to — | 370 Common Stock | (F2) Restricted Stock Units vested on March 15, 2024 and each RSU converted into one share of common stock. |
| 13 | Derivative | Restricted Stock Units | 2024-03-15 | A | A | 1,034 | $0.00 | 1,034 | D | $0.00 · — to — | 1,034 Common Stock | (F3) Restricted Stock Units ("RSUs") vest with respect to one-third of these shares on each one year anniversary of this grant. |
| 14 | Derivative | Market Share Units | 2024-03-15 | A | A | 1,034 | $0.00 | 1,034 | D | — · — to — | 1,034 Common Stock | (F4) Each market share unit (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%. The target number of MSUs is reported in this Form 4. (F5) One-third of the MSU award will vest on each of the first, second and third anniversaries of the grant date and will be converted into shares of common stock based on a payout factor, provided that the MSUs will only vest if the payout factor is at least 60%, and if the payout factor is not at least 60% on an applicable vesting date MSUs eligible to vest on that date will be forfeited. |
| 15 | Derivative | Restricted Stock Units | 2024-03-15 | M | D | 429 | $0.00 | 430 | D | $0.00 · — to — | 429 Common Stock | (F2) Restricted Stock Units vested on March 15, 2024 and each RSU converted into one share of common stock. |
| 16 | Derivative | Restricted Stock Units | 2024-03-15 | M | D | 5,310 | $0.00 | 0 | D | $0.00 · — to — | 5,310 Common Stock | (F2) Restricted Stock Units vested on March 15, 2024 and each RSU converted into one share of common stock. |
| 17 | Derivative | Restricted Stock Units | 2024-03-15 | M | D | 296 | $0.00 | 0 | D | $0.00 · — to — | 296 Common Stock | (F2) Restricted Stock Units vested on March 15, 2024 and each RSU converted into one share of common stock. |