Michael W. Choe - Mar 3, 2022 Form 4 Insider Report for Wayfair Inc. (W)

Role
Director
Signature
/s/ Stephanie Pare Sullivan, Attorney-in-Fact
Stock symbol
W
Transactions as of
Mar 3, 2022
Transactions value $
$23,222,400
Form type
4
Date filed
3/7/2022, 08:02 PM
Previous filing
Mar 2, 2022
Next filing
May 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction W Class A Common Stock Purchase $1.22M +10K +9.51% $122.24 115K Mar 3, 2022 Direct
holding W Class A Common Stock 8.89K Mar 3, 2022 By trust F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction W 1.00% Convertible Senior Notes due 2026 Purchase $2M $4M Mar 3, 2022 Class A Common Stock 13.5K Footnote F2, F3
transaction W 1.00% Convertible Senior Notes due 2026 Purchase $1M $5M Mar 3, 2022 Class A Common Stock 6.73K Footnote F2, F3
transaction W 1.00% Convertible Senior Notes due 2026 Purchase $1M $6M Mar 3, 2022 Class A Common Stock 6.73K Footnote F2, F3
transaction W 1.00% Convertible Senior Notes due 2026 Purchase $1M $7M Mar 3, 2022 Class A Common Stock 6.73K Footnote F2, F3
transaction W 1.00% Convertible Senior Notes due 2026 Purchase $1M $8M Mar 3, 2022 Class A Common Stock 6.73K Footnote F2, F3
transaction W 0.625% Convertible Senior Notes due 2025 Purchase $2M $14M Mar 4, 2022 Class A Common Stock 4.79K Footnote F3, F4
transaction W 1.00% Convertible Senior Notes due 2026 Purchase $1M $9M Mar 4, 2022 Class A Common Stock 6.73K Footnote F2, F3
transaction W 1.00% Convertible Senior Notes due 2026 Purchase $1M $10M Mar 4, 2022 Class A Common Stock 6.73K Footnote F2, F3
transaction W 0.625% Convertible Senior Notes due 2025 Purchase $6M $20M Mar 7, 2022 Class A Common Stock 14.4K Footnote F3, F4
transaction W 1.00% Convertible Senior Notes due 2026 Purchase $2M $12M Mar 7, 2022 Class A Common Stock 13.5K Footnote F2, F3
transaction W 1.00% Convertible Senior Notes due 2026 Purchase $2M $14M Mar 7, 2022 Class A Common Stock 13.5K Footnote F2, F3
transaction W 0.625% Convertible Senior Notes due 2025 Purchase $1M $21M Mar 7, 2022 Class A Common Stock 2.4K Footnote F3, F4
transaction W 0.625% Convertible Senior Notes due 2025 Purchase $1M $22M Mar 7, 2022 Class A Common Stock 2.4K Footnote F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The 1.00% Convertible Senior Notes due 2026 (the "2026 Notes") are convertible on and after May 15, 2026. Prior to May 15, 2026, the 2026 Notes are only convertible upon the occurrence of certain specified events. The current conversion rate is 6.7349 shares of the Company's Class A common stock per $1,000 principal amount of Notes (equivalent to a conversion price of approximately $148.48 per share of the Company's Class A common stock). The conversion rate is subject to adjustment upon the occurrence of certain specified events. The 2026 Notes mature on August 15, 2026.
F3 The Reporting Person is a Managing Director, Chief Executive Officer and member of the investment committee of Charlesbank Capital Partners, LLC, which is ultimate general partner or managing member of the investment vehicles that directly hold the securities reported herein. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.
F4 The 0.625% Convertible Senior Notes due 2025 (the "2025 Notes") are convertible on and after July 1, 2025. Prior to July 1, 2025, the 2025 Notes are only convertible upon the occurrence of certain specified events. The current conversion rate is 2.3972 shares of the Issuer's Class A common stock per $1,000 principal amount of 2025 Notes (equivalent to a conversion price of approximately $417.15 per share of the Issuer's Class A common stock). The conversion rate is subject to adjustment upon the occurrence of certain specified events. The 2025 Notes mature on October 1, 2025.