Joel Alan Dearborn JR - Feb 28, 2023 Form 4 Insider Report for WEX Inc. (WEX)

Signature
/s/ Hilary Rapkin, as attorney-in-fact for Joel A. Dearborn
Stock symbol
WEX
Transactions as of
Feb 28, 2023
Transactions value $
$0
Form type
4
Date filed
3/2/2023, 06:48 PM
Previous filing
Jun 28, 2022
Next filing
Mar 17, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WEX Restricted Stock Units Award $0 +854 $0.00 854 Feb 28, 2023 Common Stock 854 $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This award was granted as a performance stock unit. The Leadership Development and 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 February 23, 2023. 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.
F2 Restricted stock units will vest with respect to all of the underlying shares on March 16, 2023