Wayfair Inc. 4
4 · Wayfair Inc. · Filed May 3, 2017
Insider Transaction Report
Form 4
Delinsky Jeremy
Chief Technology Officer
Transactions
- Sale
Class A Common Stock
2017-05-01$45.41/sh−2,727$123,833→ 72,194 total - Exercise/Conversion
Class A Common Stock
2017-05-01+5,833→ 74,921 total - Exercise/Conversion
Restricted Stock Unit ("RSUs")
2017-05-01−5,833→ 227,501 total→ Class A Common Stock (5,833 underlying)
Footnotes (4)
- [F1]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.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.28 to $45.50, 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.
- [F3]Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
- [F4]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 August 1, 2016 and as to an additional 1/60th of the shares for each month of continuous service thereafter.