4//SEC Filing
Netzer Thomas 4
Accession 0001783251-24-000020
CIK 0001616707other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 5:02 PM ET
Size
15.0 KB
Accession
0001783251-24-000020
Insider Transaction Report
Form 4
Netzer Thomas
Chief Operating Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2024-07-01+2,888→ 138,481 total - Exercise/Conversion
Class A Common Stock
2024-07-01+25,383→ 163,864 total - Sale
Class A Common Stock
2024-07-02$50.52/sh−4,425$223,551→ 159,439 total - Sale
Class A Common Stock
2024-07-02$51.17/sh−2,200$112,574→ 157,239 total - Exercise/Conversion
Restricted Stock Unit ("RSUs")
2024-07-01−2,888→ 16,783 total→ Class A Common Stock (2,888 underlying) - Exercise/Conversion
Restricted Stock Unit ("RSUs")
2024-07-01−25,383→ 0 total→ Class A Common Stock (25,383 underlying)
Footnotes (6)
- [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 $50.00 to $50.99, 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.04 to $51.34, 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.
- [F4]Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
- [F5]These RSUs, which were granted on April 18, 2022, vest upon the satisfaction of a service condition and have no expiration date. With respect to the number of shares that have not vested, subject to continued service on each applicable vesting date, 2,889 shares will vest on each of October 1, 2024, January 1, 2025 and April 1, 2025, an aggregate of 3,321 shares will vest in substantially equal quarterly amounts commencing July 1, 2025, and an aggregate of 4,795 shares will vest in substantially equal quarterly amounts commencing July 1, 2026.
- [F6]These RSUs, which were granted on June 14, 2024, vest upon the satisfaction of a service condition and have no expiration date. The service condition was fully satisfied on July 1, 2024.
Documents
Issuer
Wayfair Inc.
CIK 0001616707
Entity typeother
Related Parties
1- filerCIK 0001783251
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 5:02 PM ET
- Size
- 15.0 KB