SEC Form 4 · accession 0001309108-15-000056
WEX Inc. · WEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicola S Morris
Officer — SVP, Corporate Development
Period of report
Mar 15, 2015
Accepted (ET)
Mar 17, 2015 · 4:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001309108
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 15, 2015 | M | 1,157 | $0.00 | A | 1,157 | D | |
| Common Stock | Mar 15, 2015 | F | 375 | $103.75 | D | 782 | D | |
| Common Stock | Mar 15, 2015 | M | 741 | $0.00 | A | 1,523 | D | |
| Common Stock | Mar 15, 2015 | F | 240 | $103.75 | D | 1,283 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | Mar 15, 2015 | M | 1,157 | D | — | — | Common Stock | 1,157 | 2,319 | D |
| Restricted Stock UnitF1 | $0.00 | Mar 15, 2015 | M | 741 | D | — | — | Common Stock | 741 | 1,486 | D |
| Restricted Stock UnitsF2 | $0.00 | Mar 15, 2015 | A | 579 | A | — | — | Common Stock | 579 | 579 | D |
| Stock Option (right to buy)F3 | $103.75 | Mar 15, 2015 | A | 1,757 | A | — | Mar 15, 2025 | Common Stock | 1,757 | 1,757 | D |
Explanation of responses
- F1RSUs vested on 3/15/2015 and each RSU converted into one share of common stock.
- F2RSUs vest with respect to one third of these units on each of 3/15/2016, 3/15/2017 and 3/15/2018.
- F3This stock option will vest with respect to one third of these shares on each of 3/15/2016, 3/15/2017 and 3/15/2018.