SEC Form 4 · accession 0001309108-16-000184
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, 2016
Accepted (ET)
Mar 17, 2016 · 9:07 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, 2016 | M | 742 | $0.00 | A | 2,025 | D | |
| Common Stock | Mar 15, 2016 | F | 241 | $78.32 | D | 1,784 | D | |
| Common Stock | Mar 15, 2016 | M | 1,157 | $0.00 | A | 2,941 | D | |
| Common Stock | Mar 15, 2016 | F | 373 | $78.32 | D | 2,568 | D | |
| Common Stock | Mar 15, 2016 | M | 613 | $0.00 | A | 3,181 | D | |
| Common Stock | Mar 15, 2016 | F | 200 | $78.32 | D | 2,981 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $77.20 | Mar 15, 2016 | A | 4,782 | A | — | Mar 15, 2026 | Common Stock | 4,782 | 4,782 | D |
| Restricted Stock UnitsF3 | $0.00 | Mar 15, 2016 | A | 1,619 | A | — | — | Common Stock | 1,619 | 1,619 | D |
| Restricted Stock UnitF4 | $0.00 | Mar 15, 2016 | M | 742 | D | — | — | Common Stock | 742 | 744 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 1,157 | D | — | — | Common Stock | 1,157 | 1,227 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 613 | D | — | — | Common Stock | 613 | 1,232 | D |
Explanation of responses
- F1Represents tax withholdings in connection with the vesting of the RSUs on March 15, 2016.
- F2This stock option will vest with respect to one third of these shares on each of 3/15/2017, 3/15/2018 and 3/15/2019.
- F3RSUs vest with respect to one third of these units on each of 3/15/2017, 3/15/2018 and 3/15/2019.
- F4RSUs vested on 3/15/2016 and each RSU converted into one share of common stock.