0001309108-21-000028.txt : 20210302 0001309108-21-000028.hdr.sgml : 20210302 20210302173300 ACCESSION NUMBER: 0001309108-21-000028 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210226 FILED AS OF DATE: 20210302 DATE AS OF CHANGE: 20210302 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Phillips Scott Robert CENTRAL INDEX KEY: 0001703759 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-32426 FILM NUMBER: 21705438 MAIL ADDRESS: STREET 1: C/O WEX INC. STREET 2: 97 DARLING AVENUE CITY: SOUTH PORTLAND STATE: ME ZIP: 04106 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: WEX Inc. CENTRAL INDEX KEY: 0001309108 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 010526993 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 97 DARLING AVENUE CITY: SOUTH PORTLAND STATE: ME ZIP: 04106 BUSINESS PHONE: (207) 773-8171 MAIL ADDRESS: STREET 1: 97 DARLING AVENUE CITY: SOUTH PORTLAND STATE: ME ZIP: 04106 FORMER COMPANY: FORMER CONFORMED NAME: Wright Express CORP DATE OF NAME CHANGE: 20041118 4 1 wf-form4_161472436481328.xml FORM 4 X0306 4 2021-02-26 0 0001309108 WEX Inc. WEX 0001703759 Phillips Scott Robert C/O WEX INC. 97 DARLING AVENUE SOUTH PORTLAND ME 04106 0 1 0 0 President, Global Fleet Common Stock 2021-02-26 4 M 0 52281 99.69 A 70988 D Common Stock 2021-02-26 4 M 0 5621 104.95 A 76609 D Common Stock 2021-02-26 4 S 0 76609 209.53 D 0 D Stock Option (right to buy) 99.69 2021-02-26 4 M 0 52281 0 D 2027-05-10 Common Stock 52281.0 0 D Stock Option (right to buy) 104.95 2021-02-26 4 M 0 5621 0 D Common Stock 5621.0 0 D Restricted Stock Unit 0.0 2021-03-01 4 A 0 9478 0 A Common Stock 9478.0 9478 D The price listed is a weighted average price for all shares sold. All shares were sold for between $205.00 and $217.03. Upon request, the reporting person will provide the Securities and Exchange Commission, WEX Inc. or any security holder of WEX Inc. with full information regarding the number of shares sold at each separate purchase price. Half of the performance based non-statutory stock options ("Performance-Based NSOs"), reported on the Reporting Person's Form 4 dated May 12, 2017 (the "Original Form 4"), vested on June 26, 2020 when the Company's closing stock price was at least $149.54 for twenty consecutive trading days. Another quarter of the Performance-Based NSOs vested on December 29, 2020 when the Company's closing stock price was at least $174.45 for twenty consecutive trading days. There are 17,427 Performance-Based NSOSs from the Original Form 4 that have not yet vested. Please reference the Original Form 4 for further information regarding the vesting of the Performance-Based NSOs. This stock option vested with respect to one-third of these shares on each of 3/20/2018, 3/20/2019 and 3/20/2020. This 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 1, 2021. 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. Restricted stock units will vest with respect to all of the underlying shares on March 15, 2021. /s/ Gregory Wiessner, as attorney-in-fact for Scott Phillips 2021-03-02