Michael W. Choe - 26 May 2021 Form 4 Insider Report for Wayfair Inc. (W)

Role
Director
Signature
/s/ Stephanie Pare Sullivan, Attorney-in-Fact
Issuer symbol
W
Transactions as of
26 May 2021
Net transactions value
$0
Form type
4
Filing time
27 May 2021, 16:35:37 UTC
Next filing
23 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction W Class A Common Stock Award $0 +801 +0.85% $0.000000 95,160 26 May 2021 Direct F1, F2
holding W Class A Common Stock 8,887 26 May 2021 By trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares of Class A Common Stock are issuable upon vesting of a restricted stock unit ("RSU"). The RSU vests upon the satisfaction of a service condition, over a one year period commencing on May 1, 2021. The service condition is satisfied as to one fourth of the shares for each three-month period of continuous service thereafter.
F2 Pursuant to the Limited Partnership Agreements of Charlesbank Equity Fund IX, Limited Partnership, and certain affiliated funds (the "Funds"), proceeds received in connection with shares issuable upon vesting of the RSU will be allocated to the Funds.
F3 Shares held by the Choe Family 2014 Irrevocable Gifting Trust. The Reporting Person disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest, if any, therein.