Filing Details

Accession Number:
0001616707-17-000704
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-12-18 17:34:59
Reporting Period:
2017-12-14
Accepted Time:
2017-12-18 17:34:59
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
1620147 Champlin John Mulliken C/O Wayfair Inc., 4 Copley Place, 7Th Fl
Boston MA 02116
Chief Technology 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 Disposition 2017-12-14 700 $75.77 51,384 No 4 S Direct
Class A Common Stock Acquisiton 2017-12-15 2,000 $0.00 53,384 No 4 C Direct
Class A Common Stock Acquisiton 2017-12-15 2,500 $0.00 55,884 No 4 M Direct
Class A Common Stock Acquisiton 2017-12-15 451 $0.00 56,335 No 4 M Direct
Class A Common Stock Acquisiton 2017-12-15 5,000 $0.00 61,335 No 4 M Direct
Class A Common Stock Disposition 2017-12-15 4,809 $76.40 56,526 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 C Direct
No 4 M Direct
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 B Common Stock Restricted Stock Units ("RSUs") Disposition 2017-12-15 2,000 $0.00 2,000 $0.00
Class A Common Stock Class B Common Stock Acquisiton 2017-12-15 2,000 $0.00 2,000 $0.00
Class A Common Stock Class B Common Stock Disposition 2017-12-15 2,000 $0.00 2,000 $0.00
Class A Common Stock Restricted Stock Units ("RSUs") Disposition 2017-12-15 2,500 $0.00 2,500 $0.00
Class A Common Stock Restricted Stock Units ("RSUs") Disposition 2017-12-15 451 $0.00 451 $0.00
Class A Common Stock Restricted Stock Units ("RSUs") Disposition 2017-12-15 5,000 $0.00 5,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,001 No 4 M Direct
2,000 No 4 M Direct
0 No 4 C Direct
22,500 No 4 M Direct
4,967 No 4 M Direct
65,000 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 131,365 Indirect By Revocable Trust
Footnotes
  1. Represents sales effected pursuant to a Rule 10b5-1 trading plan adopted 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 $75.77 to $75.80, 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 share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock will automatically convert into one share of Class A Common Stock (a) upon transfer thereof, subject to certain exceptions, (b) upon the date on which the outstanding shares of Class B Common Stock represent less than 10% of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, or (c) in the event that holders of at least 66 2/3% of the then outstanding shares of Class B Common Stock elect to convert all shares of Class B Common Stock into shares of Class A Common Stock.
  4. 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.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.39 to $76.43, 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.
  6. Each RSU represents a contingent right to receive one share of Class B Common Stock when vested.
  7. These RSUs vest upon the satisfaction of a service condition and an event condition and have no expiration date. The service condition is satisfied as to 1/5th of the shares on March 15, 2014 and as to an additional 1/60th of the shares for each month of continuous service thereafter. The event condition was satisfied on the closing of the issuer's initial public offering of Class A Common Stock.
  8. Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
  9. These RSUs vest upon the satisfaction of a service condition. The service condition is satisfied as to 20% of the shares on March 15, 2016 and as to an additional 5% of the shares for each 3-month period of continuous service thereafter.
  10. These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition is satisfied as to 1/5th of the shares on September 15, 2016 and as to an additional 1/20th of the shares for every three months of continuous service thereafter.
  11. These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition is satisfied as to 1/5th of the shares on March 15, 2017 and as to an additional 1/20th of the shares for every three months of continuous service thereafter.