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Wayfair Inc. — Director's Dealing 2020
Nov 14, 2020
30599_dirs_2020-11-13_dc093ab9-4598-40e1-adb8-69ee4d99c26c.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: 2020-11-12
Reporting Person: Conine Steven (Director, Co-Founder, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-11-12 | Class A Common Stock | C | 36000 | — | Acquired | 111920 | Direct |
| 2020-11-12 | Class A Common Stock | G | 12000 | — | Disposed | 99920 | Direct |
| 2020-11-12 | Class A Common Stock | G | 24000 | — | Disposed | 75920 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-12 | Class B Common Stock | $ | C | 36000 | Disposed | Class A Common Stock (36000.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 6109 | Indirect |
Footnotes
F1: 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.
F2: These shares were transferred to a donor advised charitable trust.
F3: These shares were transferred to the Conine Family Foundation.
F4: Represents the receipt of shares by SK Ventures LLC, of which the reporting person is a member, pursuant to pro rata distribution of shares for no consideration by CBEP Investments, LLC to its members, pursuant to a sales plan adopted by CBEP Investments, LLCand intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, and further distribution by its members and certain of their partners at no consideration to their respective beneficial owners.