SEC Form 4 · accession 0001309108-17-000125
WEX Inc. · WEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shikhar Ghosh
Director
Period of report
May 12, 2017
Accepted (ET)
May 16, 2017 · 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 StockF1 | May 13, 2017 | M | 1,263 | $0.00 | A | 40,407 | 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 | May 13, 2017 | M | 1,263 | D | — | — | Common Stock | 1,263 | 0 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | May 12, 2017 | A | 1,099 | A | — | — | Common Stock | 1,099 | 1,099 | D |
Explanation of responses
- F1Restricted stock units ("RSUs") vested on May 13, 2017 and each RSU converted into one share of common stock.
- F2Upon vesting these shares will be credited under the WEX Inc. Non-Employee Deferred Compensation Plan and will be paid to the reporting person as common stock 200 days immediately following the date upon which the holder's services as a member of the Board of Directors terminate for any reason.
- F3Restricted Stock Units ("RSUs") will vest in total on 5/12/2018.