Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Wayfair Inc. Director's Dealing 2014

Oct 9, 2014

30599_dirs_2014-10-09_b70a7027-3d4d-4a2e-9434-919469d73d3a.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Wayfair Inc. (W)
CIK: 0001616707
Period of Report: 2014-10-07

Reporting Person: Finkelstein Alex (Director, 10% Owner)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-10-07 Series A-1 Preferred Stock $ C 2650535 Disposed Class B Common Stock (2650535) Indirect
2014-10-07 Series A-1 Preferred Stock $ C 26232 Disposed Class B Common Stock (26232) Indirect
2014-10-07 Series A-2 Preferred Stock $ C 454376 Disposed Class B Common Stock (454376) Indirect
2014-10-07 Series A-2 Preferred Stock $ C 4498 Disposed Class B Common Stock (4498) Indirect
2014-10-07 Class B Common Stock $ C 2650535 Acquired Class A Common Stock (2650535) Indirect
2014-10-07 Class B Common Stock $ C 26232 Acquired Class A Common Stock (26232) Indirect
2014-10-07 Class B Common Stock $ C 454376 Acquired Class A Common Stock (454376) Indirect
2014-10-07 Class B Common Stock $ C 4498 Acquired Class A Common Stock (4498) Indirect

Footnotes

F1: Each share of Series A-1 Preferred Stock and Series A-2 Preferred Stock, each of which has no expiration date, automatically converted into one share of Class B Common Stock upon the consummation of the issuer's initial public offering.

F2: Each share of Class B Common Stock, which has no expiration date, is convertible at any time at the option of the holder into one share of Class A Common Stock. 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.

F3: The reported securities are owned directly by Spark Capital III (AIV I), L.P. ("SCIII (AIV I)"). Spark Management Partners III (AIV I), LLC ("SMPIII (AIV I)") is the general partner of SCIII (AIV I). Alex Finkelstein ("Finkelstein") is a managing member of SMPIII (AIV I). Finkelstein may be deemed to beneficially own these shares, but disclaims beneficial ownership of these securities and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.

F4: The reported securities are owned directly by Spark Capital Founders' Fund III, L.P. ("SCFFIII") Spark Management Partners III, LLC ("SMPIII") is the general partner of SCFFIII. Finkelstein is a managing member of SMPIII. Finkelstein may be deemed to beneficially own these shares, but disclaims beneficial ownership of these securities and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose, except to the extent of his pecuniary interest therein.