0001309108-21-000027.txt : 20210302
0001309108-21-000027.hdr.sgml : 20210302
20210302173234
ACCESSION NUMBER: 0001309108-21-000027
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: Simon Roberto
CENTRAL INDEX KEY: 0001620028
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-32426
FILM NUMBER: 21705433
MAIL ADDRESS:
STREET 1: 237 PARK AVENUE
STREET 2: 14TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
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_161472432044024.xml
FORM 4
X0306
4
2021-02-26
0
0001309108
WEX Inc.
WEX
0001620028
Simon Roberto
C/O WEX INC.
97 DARLING AVENUE
SOUTH PORTLAND
ME
04106
0
1
0
0
Chief Financial Officer
Common Stock
2021-02-26
4
M
0
7869
104.95
A
18747
D
Common Stock
2021-02-26
4
M
0
10000
99.69
A
28747
D
Common Stock
2021-02-26
4
S
0
17869
210.56
D
10878
D
Common Stock
2021-03-01
4
M
0
11784
99.69
A
22662
D
Common Stock
2021-03-01
4
S
0
11784
214
D
10878
D
Common Stock
102
I
401(k)
Stock Option (right to buy)
104.95
2021-02-26
4
M
0
7869
0
D
2027-03-20
Common Stock
7869.0
0
D
Stock Option (right to buy)
99.69
2021-02-26
4
M
0
10000
0
D
2027-05-10
Common Stock
10000.0
11784
D
Stock Option (right to buy)
99.69
2021-03-01
4
M
0
11784
0
D
2027-05-10
Common Stock
11784.0
0
D
Restricted Stock Units
0.0
2021-03-01
4
A
0
9478
0
A
Common Stock
0.0
9478
D
The price listed is a weighted average price for all shares sold. All shares were sold for between $210.00 and $211.00. 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.
Between December 17, 2020 and March 2, 2021 the reporting person acquired 3 shares of WEX Inc. common stock under the WEX Inc. 401(k) savings plan. The information in this report is based on a statement dated March 1, 2021.
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.
As noted on the Reporting Person's Form 4 dated August 6, 2020, 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 stockprice was at least $174.45 for twenty consecutive trading days. There are 21,784 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 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 Roberto Rabanal Simon
2021-03-02