James R. Miller - Aug 1, 2021 Form 4 Insider Report for Wayfair Inc. (W)

Role
Chief Technology Officer
Signature
Enrique Colbert, Attorney-in-Fact for James R. Miller
Stock symbol
W
Transactions as of
Aug 1, 2021
Transactions value $
-$985,994
Form type
4
Date filed
8/3/2021, 08:39 PM
Previous filing
May 10, 2021
Next filing
Sep 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction W Class A Common Stock Options Exercise $0 +8.13K +40.65% $0.00 28.1K Aug 1, 2021 Direct
transaction W Class A Common Stock Sale -$48.2K -200 -0.71% $241.20 27.9K Aug 3, 2021 Direct F1
transaction W Class A Common Stock Sale -$938K -3.86K -13.84% $242.69 24K Aug 3, 2021 Direct F1, F2
holding W Class A Common Stock 13.6K Aug 1, 2021 By Revocable Trust F3

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 Restricted Stock Unit ("RSU") Options Exercise $0 -8.13K -25% $0.00 24.4K Aug 1, 2021 Class A Common Stock 8.13K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 $242.37 to $243.28, 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.
F3 The reporting person is the trustee of the revocable trust.
F4 Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
F5 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.