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Wayfair Inc. — Director's Dealing 2022
Feb 3, 2022
30599_dirs_2022-02-02_45f494c7-63e7-42a7-bdb7-66e04318e6b6.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: 2022-02-01
Reporting Person: Miller James R. (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-02-01 | Class A Common Stock | M | 8125 | — | Acquired | 36313 | Direct |
| 2022-02-02 | Class A Common Stock | S | 2002 | $155.49 | Disposed | 34311 | Direct |
| 2022-02-02 | Class A Common Stock | S | 797 | $156.54 | Disposed | 33514 | Direct |
| 2022-02-02 | Class A Common Stock | S | 861 | $157.53 | Disposed | 32653 | Direct |
| 2022-02-02 | Class A Common Stock | S | 301 | $158.95 | Disposed | 32352 | Direct |
| 2022-02-02 | Class A Common Stock | S | 270 | $160.92 | Disposed | 32082 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-02-01 | Restricted Stock Unit ("RSU") | $ | M | 8125 | Disposed | Class A Common Stock (8125.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 13617 | Indirect |
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 $155.01 to $155.86, 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 $156.22 to $156.88, 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 $156.89 to $157.88, 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 $158.86 to $159.12, 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 $160.63 to $161.28, 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 reporting person is the trustee of the revocable trust. This holding was inadvertently omitted from the reporting person's Form 4 filed on November 3, 2021.
F8: Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
F9: These shares of Class A Common Stock are issuable upon vesting of a RSU. The RSU vests upon the satisfaction of a service condition and have no expiration date. The service condition is satisfied as to 1/8th of the shares on August 1, 2020 and as to an additional 1/8th of the shares for each 3-month period of continuous service thereafter.