Steven M. Oreskovich - Dec 12, 2024 Form 4 Insider Report for Waystar Holding Corp. (WAY)

Signature
/s/ Matthew R. A. Heiman, as Attorney-in-Fact
Stock symbol
WAY
Transactions as of
Dec 12, 2024
Transactions value $
-$495,860
Form type
4
Date filed
12/16/2024, 04:46 PM
Previous filing
Jun 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WAY Common Stock Options Exercise $69K +16.7K +9.6% $4.14 190K Dec 12, 2024 Direct F1
transaction WAY Common Stock Sale -$563K -16.6K -8.73% $33.89 174K Dec 12, 2024 Direct F1, F2
transaction WAY Common Stock Sale -$1.61K -47 -0.03% $34.21 174K Dec 12, 2024 Direct 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 WAY Stock Options (right to buy) Options Exercise $0 -16.7K -11.02% $0.00 135K Dec 12, 2024 Common Stock 16.7K $4.14 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These transactions occurred automatically pursuant to a plan adopted by the Reporting Person on September 6, 2024 that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
F2 The price reported in Column 4 is a weighted average price. These shares of common stock, par value $0.01 per share ("Common Stock") of Waystar Holding Corp. (the "Issuer") were sold in multiple transactions ranging from $33.20 to $34.19, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Common Stock sold at each separate price in the range set forth in this footnote.
F3 These options are currently vested.