(Exact name of registrant as specified in its charter)

Delaware		001-32426		01-0526993
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

97 Darling Avenue, South Portland, ME		04106
Address of principal executive offices		Zip Code

Registrant’s telephone number, including area code (207) 773-8171

(Former name or former address if changes since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

On June 2, 2009,Wright Express Corporation (the “Company”) purchased put option contracts and sold call option contracts, designed to be a costless collar, on the wholesale price of gasoline with Bank of America, N.A. and the retail price of diesel fuel with Wachovia Bank, N.A. (collectively, the “Contracts”). The Contracts have an aggregate notional amount of approximately 6.7 million gallons of gasoline and diesel fuel and will settle on a monthly basis during the last three quarters of 2010. The settlement of the Contracts is based upon the New York Mercantile Exchange’s New York Harbor Reformulated Gasoline Blendstock for Oxygen Blending and the U.S. Department of Energy’s weekly retail on-highway diesel fuel price for the month. The Contracts lock in a weighted average retail floor price of approximately $2.65 per gallon and a weighted average retail ceiling price of approximately $2.71 per gallon.

On June 8, 2009, the Company issued a press release announcing this transaction.

On June 2, 2009, the Company entered into indemnification agreements (the “Agreement”) with each of the Company’s directors. The Agreement provides that, among other things, the Company will indemnify a director against certain liabilities that may arise by reason of status or service with the Company, and that the Company will advance expenses paid or incurred as a result of a proceeding as to which the director may be indemnified. The Agreement also provides customary procedures regarding the defense of certain claims. The form of Agreement is attached as Exhibit 10.1 and is incorporated by reference into this Item 1.01.

On June 8, 2009, the Company issued a press release entitled “Wright Express Resumes Purchases Under Its Fuel-Price Risk Management Program.” A copy of the press release is furnished as Exhibit 99.1 and is incorporated by reference in its entirety.

(c) Exhibits.

Exhibit No.		Description
10.1*		Form of director indemnification agreement
99.1*		Press release of Wright Express Corporation dated June 8, 2009

Pursuant to the requirements of the Securities Exchange Act of 1934 the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Exhibit No.		Description
10.1*		Form of director indemnification agreement
99.1*		Press release of Wright Express Corporation dated June 8, 2009