Form 4 for W Wayfair Inc.
Accepted 2023-04-04 00:00:00 ET · period of report 2023-04-01 · accession 0001628280-23-010784 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-04-04 | 2023-04-01 | W | Netzer Thomas | COO | M - OptEx | $0.00 | +11.7K | 98.8K | +13% | $0 |
| DM | 2023-04-04 | 2023-04-04 | W | Netzer Thomas | COO | S - Sale+OE | $35.46 | -4,945 | 95.2K | -5% | -$175.4K |
| DM | 2023-04-04 | 2023-04-01 | W | Netzer Thomas | COO | M - OptEx | $0.00 | -11.7K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-04-01 | M | A | 5,052 | $0.00 | 92,139 | D | — | — | |
| 2 | Common | Class A Common Stock | 2023-04-04 | S | D | 1,401 | $35.95 | 93,832 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.60 to $36.16, 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. |
| 3 | Common | Class A Common Stock | 2023-04-04 | S | D | 3,544 | $35.27 | 95,233 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.89 to $35.58, 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. |
| 4 | Common | Class A Common Stock | 2023-04-01 | M | A | 6,638 | $0.00 | 98,777 | D | — | — | |
| 5 | Derivative | Restricted Stock Units ("RSUs") | 2023-04-01 | M | D | 5,052 | $0.00 | 37,310 | D | — · — to — | 5,052 Class A Common Stock | (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. The service condition was initially partially satisfied on July 1, 2022 as to 5,051 shares and vest as to varying amounts thereafter for every subsequent three months of continuous service over a period of five years. With respect to the number of shares that have not vested, subject to continued service on each applicable vesting date, 17,639 shares will vest in substantially equal quarterly amounts commencing July 1, 2023, 11,555 shares will vest in substantially equal quarterly amounts commencing July 1, 2024, 3,321 shares will vest in substantially equal quarterly amounts commencing July 1, 2025, and 4,795 shares will vest in substantially equal quarterly amounts commencing July 1, 2026. |
| 6 | Derivative | Restricted Stock Unit ("RSUs") | 2023-04-01 | M | D | 6,638 | $0.00 | 0 | D | — · — to — | 6,638 Class A Common Stock | (F4) Each RSU represents a contingent right to receive one share of Class A Common Stock when vested. (F6) These RSUs, which were granted on October 17, 2022, vest upon the satisfaction of a service condition and have no expiration date. The service condition was initially partially satisfied on November 1, 2022 as to 6,638 shares and vested in equal amounts thereafter for every subsequent month of continuous service for a period of five months. |