Joel Alan Dearborn JR - 26 Jun 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: 26 Jun 2023
Net transactions value: -$179,581
Form type: 4
Filing time: 28 Jun 2023, 18:50:57 UTC
Previous filing: 27 Jun 2023
Next filing: 27 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WEX	Common Stock	Award	$0	+2,342	+17%	$0.000000	16,492	26 Jun 2023	Direct	F1
transaction	WEX	Common Stock	Tax liability	$179,581	-1,039	-6.3%	$172.84	15,453	26 Jun 2023	Direct	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 on June 24, 2020 and was described in the Issuer's Proxy Statement filed on April 20, 2021. On June 26, 2023, the Subcommittee of the Leadership Development and Compensation Committee certified the extent to which the performance criteria established in connection with this grant had been met and the award converted from PSUs to common stock in the amounts as set forth in the grant.
F2	Represents tax withholding in connection with the settlement of the common stock on June 26, 2023.

Content

This award was granted as a performance stock unit on June 24, 2020 and was described in the Issuer's Proxy Statement filed on April 20, 2021. On June 26, 2023, the Subcommittee of the Leadership Development and Compensation Committee certified the extent to which the performance criteria established in connection with this grant had been met and the award converted from PSUs to common stock in the amounts as set forth in the grant.

Represents tax withholding in connection with the settlement of the common stock on June 26, 2023.