Filing Details

Accession Number:
0001616707-20-000075
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-05 16:12:31
Reporting Period:
2020-05-01
Accepted Time:
2020-05-05 16:12:31
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
1783251 Thomas Netzer 4 Copley Place
Boston MA 02116
Chief Operating 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 2020-05-01 6,000 $0.00 16,110 No 4 M Direct
Class A Common Stock Acquisiton 2020-05-01 2,125 $0.00 18,235 No 4 M Direct
Class A Common Stock Disposition 2020-05-04 3,456 $123.65 14,779 No 4 S Direct
Class A Common Stock Disposition 2020-05-04 7 $127.59 14,772 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
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 Unit ("RSU") Disposition 2020-05-01 6,000 $0.00 6,000 $0.00
Class A Common Stock Restricted Stock Unit ("RSUs") Disposition 2020-05-01 2,125 $0.00 2,125 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
72,000 No 4 M Direct
10,625 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 restricted stock units ("RSU") 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 $123.20 to $123.89, 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 was satisfied as to 1/5th of the shares on May 1, 2019 and as to an additional 1/20th of the shares for every three months of continuous service thereafter.
  5. These shares of Class A Common Stock are issuable upon vesting of an RSU. The RSU vests upon the satisfaction of a service condition. The service condition is satisfied as to 1/8th of the shares for each 3-month period of continuous service thereafter.