4//SEC Filing
Malone Nicholas 4
Accession 0001616707-17-000496
CIK 0001616707other
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 4:32 PM ET
Size
14.2 KB
Accession
0001616707-17-000496
Insider Transaction Report
Form 4
Malone Nicholas
Chief Administrative Officer
Transactions
- Exercise/Conversion
Class B Common Stock
2017-08-01+500→ 500 total→ Class A Common Stock (500 underlying) - Sale
Class A Common Stock
2017-08-01$76.88/sh−241$18,528→ 6,793 total - Exercise/Conversion
Restricted Stock Units ("RSUs")
2017-08-01−500→ 9,501 total→ Class B Common Stock (500 underlying) - Conversion
Class B Common Stock
2017-08-01−500→ 0 total→ Class A Common Stock (500 underlying) - Conversion
Class A Common Stock
2017-08-01+500→ 7,034 total
Holdings
- 120,128(indirect: By Trust)
Class A Common Stock
Footnotes (4)
- [F1]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.
- [F2]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.
- [F3]Each RSU represents a contingent right to receive one share of Class B Common Stock when vested.
- [F4]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 1, 2015 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.
Documents
Issuer
Wayfair Inc.
CIK 0001616707
Entity typeother
Related Parties
1- filerCIK 0001620020
Filing Metadata
- Form type
- 4
- Filed
- Aug 1, 8:00 PM ET
- Accepted
- Aug 2, 4:32 PM ET
- Size
- 14.2 KB