SEC Form 4 · accession 0001309108-16-000189
WEX Inc. · WEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Janosick
Officer — SVP&GM, Global Fleet Direct
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 9:09 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 | 325 | $0.00 | A | 5,168 | D | |
| Common Stock | Mar 15, 2016 | F | 104 | $78.32 | D | 5,064 | D | |
| Common Stock | Mar 15, 2016 | M | 716 | $0.00 | A | 5,780 | D | |
| Common Stock | Mar 15, 2016 | F | 233 | $78.32 | D | 5,547 | D | |
| Common Stock | Mar 15, 2016 | M | 470 | $0.00 | A | 6,017 | D | |
| Common Stock | Mar 15, 2016 | F | 153 | $78.32 | D | 5,864 | D | |
| Common Stock | Mar 15, 2016 | M | 803 | $0.00 | A | 6,667 | D | |
| Common Stock | Mar 15, 2016 | F | 260 | $78.32 | D | 6,407 | D | |
| Common Stock | Mar 15, 2016 | M | 448 | $0.00 | A | 6,855 | D | |
| Common Stock | Mar 15, 2016 | F | 145 | $78.32 | D | 6,710 | 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 UnitsF4 | $0.00 | Mar 15, 2016 | M | 325 | D | — | — | Common Stock | 325 | 0 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 716 | D | — | — | Common Stock | 716 | 1,436 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 470 | D | — | — | Common Stock | 470 | 2,091 | D |
| Restricted Stock UnitF4 | $0.00 | Mar 15, 2016 | M | 803 | D | — | — | Common Stock | 803 | 808 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 448 | D | — | — | Common Stock | 448 | 0 | 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.