SEC Form 4 · accession 0001309108-18-000048
WEX Inc. · WEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Robert Phillips
Officer — President, Global Fleet
Period of report
Mar 15, 2018
Accepted (ET)
Mar 19, 2018 · 4:19 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, 2018 | M | 14,075 | $0.00 | A | 14,075 | D | |
| Common Stock | Mar 15, 2018 | F | 4,818 | $158.66 | D | 9,257 | D | |
| Common Stock | holding | — | — | — | 7,986 | I | By Trust | |
| Common Stock | holding | — | — | — | 4,149 | I | By GRAT | |
| Common Stock | holding | — | — | — | 4,149 | I | By GRAT | |
| Common Stock | holding | — | — | — | 7,987 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2 | $0.00 | Mar 15, 2018 | M | 14,075 | D | — | — | Common Stock | 14,075 | 0 | D |
| Restricted Stock UnitF3 | $0.00 | Mar 15, 2018 | A | 1,579 | A | — | — | Common Stock | 1,579 | 1,579 | D |
| Stock Option (right to buy)F4 | $158.23 | Mar 15, 2018 | A | 4,876 | A | — | Mar 15, 2028 | Common Stock | 4,876 | 4,876 | D |
Explanation of responses
- F1Represents tax withholding in connection with the vesting of the Restricted Stock Units ("RSUs") on March 15, 2018.
- F2Restricted Stock Units vested on March 15, 2018 and each RSU converted into one share of common stock.
- F3RSUs vest with respect to one third of these units on each of 3/15/2019, 3/15/2020 and 3/15/2021.
- F4This stock option will vest with respect to one third of these shares on each of 3/15/2019, 3/15/2020 and 3/15/2021.