SEC Form 4 · accession 0001309108-18-000026
WEX Inc. · WEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Janosick
Officer — Chief Portfolio Risk Officer
Period of report
Mar 5, 2018
Accepted (ET)
Mar 7, 2018 · 5:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001309108
Table I — non-derivative securities
No Table I lines on this filing.
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,F2 | $0.00 | Mar 5, 2018 | A | 9,320 | A | — | — | Common Stock | 9,320 | 9,320 | D |
Explanation of responses
- F1This award was granted as a performance stock unit. The Compensation Committee of the Company's Board of Directors certified that the performance criteria established in connection with this grant had been met as of March 5, 2018. As a result of achieving the performance criteria the award converted from a PSU to an RSU and the reporting person's right to these units was established.
- F2Restricted stock units will vest with respect to one half of the underlying shares on each of March 15, 2018 and March 15, 2019.