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Wayfair Inc. Director's Dealing 2021

Jun 18, 2021

30599_dirs_2021-06-17_98c85cad-1bb7-4ba2-b9e4-068733b96217.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: 2021-06-15

Reporting Person: Oblak Steve (Chief Commercial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-06-15 Class A Common Stock M 2500 Acquired 142761 Direct
2021-06-15 Class A Common Stock M 1885 Acquired 144646 Direct
2021-06-16 Class A Common Stock S 481 $302.09 Disposed 144165 Direct
2021-06-16 Class A Common Stock S 700 $302.73 Disposed 143465 Direct
2021-06-16 Class A Common Stock S 200 $305.17 Disposed 143265 Direct
2021-06-16 Class A Common Stock S 400 $306.20 Disposed 142865 Direct
2021-06-16 Class A Common Stock S 200 $308.43 Disposed 142665 Direct
2021-06-17 Class A Common Stock S 1203 $305.22 Disposed 141462 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-06-15 Restricted Stock Units ("RSUs") $ M 2500 Disposed Class A Common Stock (2500.0) Direct
2021-06-15 Restricted Stock Unit ("RSUs") $ M 1885 Disposed Class A Common Stock (1885.0) 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 $301.84 to $302.26, 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 $302.32 to $303.27, 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 $305.08 to $305.27, 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 $305.91 to $306.62, 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.

F6: Represents sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F7: Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.

F8: 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.

F9: These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition is partially satisfied on June 15, 2021 with respect to 1,886 shares and as to varying amounts of additional shares for every three months of continuous service thereafter over a period of five years.