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

Role: Chief Strategy Officer
Signature: /s/ Hilary Rapkin, as attorney-in-fact for Joel A. Dearborn
Issuer symbol: WEX
Transactions as of: 28 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 02 Mar 2023, 18:48:17 UTC
Previous filing: 28 Jun 2022
Next filing: 17 Mar 2023
SEC: View on sec.gov

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		$0.000000	854	28 Feb 2023	Common Stock	854	$0.000000	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

Content

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.

Restricted stock units will vest with respect to all of the underlying shares on March 16, 2023