Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WEX | Common Stock | Options Exercise | $0 | +752 | +23.77% | $0.00 | 3.92K | Mar 15, 2025 | Direct | |
transaction | WEX | Common Stock | Tax liability | -$57.5K | -373 | -9.53% | $154.09 | 3.54K | Mar 15, 2025 | Direct | F1 |
transaction | WEX | Common Stock | Options Exercise | $0 | +507 | +14.31% | $0.00 | 4.05K | Mar 15, 2025 | Direct | |
transaction | WEX | Common Stock | Tax liability | -$27.1K | -176 | -4.35% | $154.09 | 3.87K | Mar 15, 2025 | Direct | F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WEX | Restricted Stock Units | Options Exercise | $0 | -752 | -33.26% | $0.00 | 1.51K | Mar 15, 2025 | Common Stock | 752 | $0.00 | Direct | F3, F4 |
transaction | WEX | Market Share Units | Options Exercise | $0 | -507 | -25.16% | $0.00 | 1.51K | Mar 15, 2025 | Common Stock | 507 | Direct | F5, F6, F7 | |
transaction | WEX | Restricted Stock Units | Award | $0 | +3.8K | $0.00 | 3.8K | Mar 17, 2025 | Common Stock | 3.8K | $0.00 | Direct | F4 | |
transaction | WEX | Market Share Units | Award | $0 | +3.8K | $0.00 | 3.8K | Mar 17, 2025 | Common Stock | 3.8K | Direct | F5, F7, F8 |
Id | Content |
---|---|
F1 | Represents tax withholding in connection with the vesting of the Restricted Stock Units ("RSUs") on March 15, 2025. |
F2 | Represents tax withholding in connection with the vesting of the Market Stock Units ("MSUs") on March 15, 2025. |
F3 | RSUs vested on March 15, 2025 and each RSU converted into one share of common stock. |
F4 | One-third of RSUs vest each year on the first, second and third anniversaries of the date of grant. |
F5 | Each MSU, a form of performance-based restricted stock unit, converts into the number of shares of common stock determined by applying a payout factor to the target number of MSUs vesting on a given date. The payout factor is a ratio of the average of the closing price on the measurement date plus the nine prior trading days divided by the average stock price on the grant date (also a 10-day average) divided by the close price on the grant date. The minimum payout factor that must be achieved to earn a payout is 60% and the maximum payout factor is 200%. |
F6 | Represents the number of MSUs that vested in the first tranche of the MSU award granted on March 15, 2024, based on a 67.24% payout factor, and were converted into an equal number of shares of common stock. |
F7 | One-third of the MSU award vests on each of the first, second and third anniversaries of the grant date and converts into shares of common stock based on a payout factor, provided that if the payout factor is not at least 60% on an applicable vesting date, the MSUs eligible to vest on such date will be forfeited. |
F8 | Represents the target number of shares underlying the MSU award granted on March 17, 2025. |