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WEX Inc. — Director's Dealing 2010
Nov 16, 2010
30940_dirs_2010-11-16_e3e84303-0d48-48f6-a7fb-fa55288b3ce1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Wright Express CORP (WXS)
CIK: 0001309108
Period of Report: 2010-11-13
Reporting Person: Rapkin Hilary A (SVP, Gen. Counsel & Corp. Sec.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-11-13 | Common Stock | M | 434 | — | Acquired | 11673 | Direct |
| 2010-11-13 | Common Stock | F | 137 | $43.39 | Disposed | 11536 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-11-13 | Restricted Stock Units | $0 | A | 434 | Acquired | Common Stock (434) | Direct | |
| 2010-11-13 | Restricted Stock Units | $0 | D | 434 | Disposed | Common Stock (434) | Direct |
Footnotes
F1: On November 13, 2010, the Compensation Committee of the Company's Board of Directors certified that the Company had met the performance criteria established in connection with the 2008 Wright Express Special International Long Term Incentive Program. As a result of achieving the required performance criteria, the reporting person's right to these restricted stock units ("RSUs") was established. The RSUs were originally granted as performance based stock units and converted into RSUs on November 13, 2010.
F2: RSUs vested with respect to all of the units on November 13, 2010 and each RSU converted into one share of common stock.
F3: Represents tax witholding in connection with the vesting of RSUs on November 13, 2010.