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Wayfair Inc. — Director's Dealing 2014
Oct 10, 2014
30599_dirs_2014-10-09_f2f23c2a-2d49-4677-8eb6-ebd765784b19.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Wayfair Inc. (W)
CIK: 0001616707
Period of Report: 2014-10-07
Reporting Person: Conine Steven (Director, Chief Technology Officer, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-10-07 | Series A-2 Preferred Stock | $ | C | 428283 | Disposed | Class B Common Stock (428283) | Direct | |
| 2014-10-07 | Class B Common Stock | $ | C | 428283 | Acquired | Class A Common Stock (428283) | Direct |
Footnotes
F1: Each share of Series A-2 Preferred Stock, 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 is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. 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.