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Wayfair Inc. Director's Dealing 2020

Sep 18, 2020

30599_dirs_2020-09-17_408636cf-9488-4bbe-bddc-3fcd360019d9.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: 2020-09-15

Reporting Person: Oblak Steve (Chief Merchandising Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-09-15 Class A Common Stock M 244 Acquired 145876 Direct
2020-09-15 Class A Common Stock M 5000 Acquired 150876 Direct
2020-09-15 Class A Common Stock M 2500 Acquired 153376 Direct
2020-09-16 Class A Common Stock S 200 $267.32 Disposed 153176 Direct
2020-09-16 Class A Common Stock S 400 $268.17 Disposed 152776 Direct
2020-09-16 Class A Common Stock S 200 $269.30 Disposed 152576 Direct
2020-09-16 Class A Common Stock S 300 $270.48 Disposed 152276 Direct
2020-09-16 Class A Common Stock S 704 $271.59 Disposed 151572 Direct
2020-09-16 Class A Common Stock S 549 $272.32 Disposed 151023 Direct
2020-09-16 Class A Common Stock S 1071 $273.61 Disposed 149952 Direct
2020-09-17 Class A Common Stock S 2161 $255.97 Disposed 147791 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-09-15 Restricted Stock Units ("RSUs") $ M 244 Disposed Class A Common Stock (244.0) Direct
2020-09-15 Restricted Stock Units ("RSUs") $ M 5000 Disposed Class A Common Stock (5000.0) Direct
2020-09-15 Restricted Stock Units ("RSUs") $ M 2500 Disposed Class A Common Stock (2500.0) Direct

Footnotes

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 $267.58 to $268.54, 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 $269.01 to $269.58, 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.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $270.20 to $270.62, 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.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $271.00 to $271.94, 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.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $272.01 to $272.95, 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.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $273.58 to $274.08, 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.

F8: Represents sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F9: Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.

F10: These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition is satisfied as to 1/5th of the shares on September 15, 2016 and as to an additional 1/20th of the shares for every three months of continuous service thereafter.

F11: These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition is satisfied as to 1/5th of the shares on March 15, 2017 and as to an additional 1/20th of the shares for every three months of continuous service thereafter.

F12: These RSUs vest upon the satisfaction of a service condition and an event condition and have no expiration date. The service condition is satisfied as to 1/5th of the shares on March 15, 2018 and as to an additional 1/20th of the shares for every three months of continuous service thereafter.