SEC Form 4 · accession 0001309108-16-000188
WEX Inc. · WEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Melissa D Smith
Officer — CEO and President, WEX Inc. · Director
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 9:08 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 | 940 | $0.00 | A | 44,109 | D | |
| Common Stock | Mar 15, 2016 | F | 305 | $78.32 | D | 43,804 | D | |
| Common Stock | Mar 15, 2016 | M | 1,296 | $0.00 | A | 45,100 | D | |
| Common Stock | Mar 15, 2016 | F | 420 | $78.32 | D | 44,680 | D | |
| Common Stock | Mar 15, 2016 | M | 1,809 | $0.00 | A | 46,489 | D | |
| Common Stock | Mar 15, 2016 | F | 586 | $78.32 | D | 45,903 | D | |
| Common Stock | Mar 15, 2016 | M | 3,091 | $0.00 | A | 48,994 | D | |
| Common Stock | Mar 15, 2016 | F | 1,000 | $78.32 | D | 47,994 | D | |
| Common Stock | Mar 15, 2016 | M | 2,497 | $0.00 | A | 50,491 | D | |
| Common Stock | Mar 15, 2016 | F | 1,158 | $78.32 | D | 49,333 | D | |
| Common Stock | Mar 15, 2016 | M | 854 | $0.00 | A | 50,187 | D | |
| Common Stock | Mar 15, 2016 | F | 277 | $78.32 | D | 49,910 | 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 | 24,168 | A | — | Mar 15, 2026 | Common Stock | 24,168 | 24,168 | D |
| Restricted Stock UnitsF3 | $0.00 | Mar 15, 2016 | A | 4,909 | A | — | — | Common Stock | 4,909 | 4,909 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 940 | D | — | — | Common Stock | 940 | 0 | D |
| Restricted Stock UnitF4 | $0.00 | Mar 15, 2016 | M | 1,296 | D | — | — | Common Stock | 1,296 | 0 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 1,809 | D | — | — | Common Stock | 1,809 | 6,723 | D |
| Restricted Stock UnitF4 | $0.00 | Mar 15, 2016 | M | 3,091 | D | — | — | Common Stock | 3,091 | 3,103 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 2,497 | D | — | — | Common Stock | 2,497 | 4,996 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 854 | D | — | — | Common Stock | 854 | 1,712 | 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.