SEC Form 4 · accession 0001309108-16-000190
WEX Inc. · WEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Edward Pratt
Officer — SVP, GM Virtual Payments
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 | 210 | $0.00 | A | 1,501 | D | |
| Common Stock | Mar 15, 2016 | F | 67 | $78.32 | D | 1,434 | D | |
| Common Stock | Mar 15, 2016 | M | 154 | $0.00 | A | 1,588 | D | |
| Common Stock | Mar 15, 2016 | F | 53 | $78.32 | D | 1,535 | D | |
| Common Stock | Mar 15, 2016 | M | 212 | $0.00 | A | 1,747 | D | |
| Common Stock | Mar 15, 2016 | F | 67 | $78.32 | D | 1,680 | D | |
| Common Stock | Mar 15, 2016 | M | 116 | $0.00 | A | 1,796 | D | |
| Common Stock | Mar 15, 2016 | F | 37 | $78.32 | D | 1,759 | D | |
| Common Stock | Mar 15, 2016 | M | 96 | $0.00 | A | 1,855 | D | |
| Common Stock | Mar 15, 2016 | F | 31 | $78.32 | D | 1,824 | D | |
| Common Stock | Mar 15, 2016 | M | 197 | $0.00 | A | 2,021 | D | |
| Common Stock | Mar 15, 2016 | F | 62 | $78.32 | D | 1,959 | 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 | 1,721 | A | — | Mar 15, 2026 | Common Stock | 1,721 | 1,721 | D |
| Restricted Stock UnitsF3 | $0.00 | Mar 15, 2016 | A | 582 | A | — | — | Common Stock | 582 | 582 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 210 | D | — | — | Common Stock | 210 | 423 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 154 | D | — | — | Common Stock | 154 | 0 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 212 | D | — | — | Common Stock | 212 | 0 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 116 | D | — | — | Common Stock | 116 | 117 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 96 | D | — | — | Common Stock | 96 | 193 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 15, 2016 | M | 197 | D | — | — | Common Stock | 197 | 198 | D |
Explanation of responses
- F1Represents tax withholding 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.