SEC Form 4 · accession 0001309108-18-000106
WEX Inc. · WEX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kirk P Pond
Director
Period of report
May 11, 2018
Accepted (ET)
May 15, 2018 · 4:42 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 12, 2018 | M | 1,099 | $0.00 | A | 32,873 | D | |
| Common Stock | holding | — | — | — | 2,500 | I | By the Pond Family Foundation | |
| Common Stock | holding | — | — | — | 700 | I | By the Loretta A. Pond Trust | |
| Common Stock | holding | — | — | — | 3,000 | I | By the Nancy St.John Pond Account |
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 12, 2018 | M | 1,099 | D | — | — | Common Stock | 1,099 | 0 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | May 11, 2018 | A | 765 | A | — | — | Common Stock | 765 | 765 | D |
Explanation of responses
- F1Represents Restricted Stock Units ("RSUs") granted under the WEX Inc. 2010 Equity and Incentive Plan, which vested on May 12, 2018. Each RSU was credited under the WEX Inc. Non-Employee Deferred Compensation Plan and will be transferred to the reporting person as common stock 200 days following the date upon which the holder's services as a member of the Board of Directors terminate for any reason.
- 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 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 May 11, 2019.