Oblak Steve 4
4 · Wayfair Inc. · Filed Jun 2, 2023
Insider Transaction Report
Form 4
Oblak Steve
SVP and GM, Wayfair.com
Transactions
- Exercise/Conversion
Class A Common Stock
2023-05-31+50,000→ 244,201 total - Exercise/Conversion
Restricted Stock Units ("RSUs")
2023-05-31−50,000→ 0 total→ Class A Common Stock (50,000 underlying) - Sale
Class A Common Stock
2023-06-01$39.54/sh−24,653$974,780→ 219,548 total
Footnotes (4)
- [F1]Represents the number of shares sold by Wayfair Inc. on behalf of the reporting person, which sale is mandatory pursuant to Wayfair Inc.'s policies to cover necessary tax withholding obligations in connection with the vesting of the RSUs listed in Table II. Such sales do 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 $39.19 to $40.07, 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, which were granted on April 18, 2022, vest upon the satisfaction of a service condition and have no expiration date. The service condition was fully satisfied on May 31, 2023.