Filing Details

Accession Number:
0001616707-23-000008
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-01-04 19:46:12
Reporting Period:
2023-01-01
Accepted Time:
2023-01-04 19:46:12
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1616707 Wayfair Inc. W Retail-Catalog & Mail-Order Houses (5961) 364791999
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1620159 Steve Oblak C/O Wayfair Inc., 4 Copley Place
Boston MA 02116
Chief Commercial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2023-01-01 4,446 $0.00 178,693 No 4 M Direct
Class A Common Stock Acquisiton 2023-01-01 6,504 $0.00 185,197 No 4 M Direct
Class A Common Stock Disposition 2023-01-04 3,402 $33.36 181,795 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Restricted Stock Units ("RSUs") Disposition 2023-01-01 4,446 $0.00 4,446 $0.00
Class A Common Stock Restricted Stock Unit ("RSU") Disposition 2023-01-01 6,504 $0.00 6,504 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
31,781 No 4 M Direct
19,510 No 4 M Direct
Footnotes
  1. Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II and does not represent a discretionary trade by the reporting person.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.00 to $33.72, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  3. Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
  4. These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition is partially satisfied on July 1, 2022 with respect to 4,446 shares and as to varying amounts of additional shares for every three months of continuous service thereafter over a period of five years.
  5. These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition is satisfied as to 1/6th of the shares on November 1, 2022 and as to an additional 1/6th of the shares for every one month of continuous service thereafter.