Filing Details

Accession Number:
0001616707-22-000053
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-04-19 20:52:33
Reporting Period:
2022-04-15
Accepted Time:
2022-04-19 20:52:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1616707 Wayfair Inc. W () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1187596 D Michael Fleisher C/O Wayfair Inc., 4 Copley Place
Boston MA 02116
Chief Financial 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 2022-04-15 13,750 $0.00 64,889 No 4 M Direct
Class A Common Stock Disposition 2022-04-19 390 $101.02 64,499 No 4 S Direct
Class A Common Stock Disposition 2022-04-19 4,756 $101.86 59,743 No 4 S Direct
Class A Common Stock Disposition 2022-04-19 955 $102.90 58,788 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S 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 Units ("RSUs") Disposition 2022-04-15 13,750 $0.00 13,750 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
41,250 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 20,000 Indirect By Grantor Retained Annuity Trust
Class A Common Stock 25,200 Indirect By Grantor Retained Annuity Trust
Class A Common Stock 20,000 Indirect By Grantor Retained Annuity Trust
Footnotes
  1. Excludes 65,200 shares previously owned directly by the reporting person that were contributed to grantor retained annuity trusts for the benefit of the reporting person's children.
  2. 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.95 to $101.16, 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.20 to $102.16, 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.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.49 to $103.41, 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. On March 3, 2022, 20,000 shares were contributed to one of three grantor retained annuity trusts for the benefit of the reporting person's children, of which the reporting person is trustee and sole annuitant. These shares were previously reported as directly beneficially owned by the reporting person.
  7. On March 3, 2022, 25,200 shares were contributed to one of three grantor retained annuity trusts for the benefit of the reporting person's children, of which the reporting person is trustee and sole annuitant. These shares were previously reported as directly beneficially owned by the reporting person.
  8. On March 3, 2022, 20,000 shares were contributed to one of three grantor retained annuity trusts for the benefit of the reporting person's children, of which the reporting person is trustee and sole annuitant. These shares were previously reported as directly beneficially owned by the reporting person.
  9. Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
  10. These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition is satisfied as to 1/20th of the shares on April 15, 2018 and as to an additional 1/20th of the shares for every three months of continuous service thereafter.