Savarese James 4
4 · Wayfair Inc. · Filed Jul 17, 2019
Insider Transaction Report
Form 4
Savarese James
Chief Operating Officer
Transactions
- Exercise/Conversion
Restricted Stock Units ("RSUs")
2019-07-15−4,000→ 56,000 total→ Class A Common Stock (4,000 underlying) - Exercise/Conversion
Class A Common Stock
2019-07-15+4,000→ 477,586 total - Sale
Class A Common Stock
2019-07-15$148.75/sh−1,830$272,213→ 475,756 total
Footnotes (3)
- [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]Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
- [F3]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.