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Wayfair Inc. Director's Dealing 2020

Jun 18, 2020

30599_dirs_2020-06-17_e321fcdd-795a-4cc4-b1ea-345b28564583.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: 2020-06-15

Reporting Person: Macri Edmond (Chief Product/Marketing)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-01-07 Class A Common Stock G 450 Disposed 1647 Direct
2020-01-07 Class A Common Stock G 450 Acquired 270381 Indirect
2020-06-15 Class A Common Stock M 951 Acquired 2598 Direct
2020-06-15 Class A Common Stock M 5000 Acquired 7598 Direct
2020-06-15 Class A Common Stock M 2500 Acquired 10098 Direct
2020-06-15 Class A Common Stock S 500 $200 Disposed 269881 Indirect
2020-06-16 Class A Common Stock S 448 $191.73 Disposed 9650 Direct
2020-06-16 Class A Common Stock S 1800 $193.89 Disposed 7850 Direct
2020-06-16 Class A Common Stock S 900 $194.96 Disposed 6950 Direct
2020-06-16 Class A Common Stock S 400 $195.86 Disposed 6550 Direct
2020-06-16 Class A Common Stock S 184 $196.91 Disposed 6366 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-06-15 Restricted Stock Units ("RSUs") $ M 951 Disposed Class A Common Stock (951.0) Direct
2020-06-15 Restricted Stock Units ("RSUs") $ M 5000 Disposed Class A Common Stock (5000.0) Direct
2020-06-15 Restricted Stock Units ("RSUs") $ M 2500 Disposed Class A Common Stock (2500.0) Direct

Footnotes

F1: Represents a transfer to a revocable trust. The reporting person is the trustee of the revocable trust.

F2: Previous Forms 4 for this reporting person inadvertently overstated the number of shares held by the reporting person by 500 shares. This Form 4 corrects such error by reducing the number of shares held by the reporting person by such 500 shares.

F3: These sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F4: 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 restricted stock units ("RSUs") listed in Table II and does not represent a discretionary trade by the reporting person.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $191.62 to $192.10, 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 $193.36 to $194.355, 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 $194.645 to $195.45, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $195.79 to $195.905, 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.

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.