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
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
- 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.