Steve Oblak - 15 Dec 2021 Form 4 Insider Report for Wayfair Inc. (W)

Signature
/s/ Enrique Colbert, Attorney-in-fact for Steve Oblak
Issuer symbol
W
Transactions as of
15 Dec 2021
Net transactions value
-$403,680
Form type
4
Filing time
17 Dec 2021, 19:20:00 UTC
Previous filing
18 Oct 2021
Next filing
22 Dec 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 +1,886 +1.3% $0.000000 147,056 15 Dec 2021 Direct
transaction W Class A Common Stock Options Exercise $0 +2,500 +1.7% $0.000000 149,556 15 Dec 2021 Direct
transaction W Class A Common Stock Sale $55,266 -300 -0.2% $184.22 149,256 17 Dec 2021 Direct F1, F2
transaction W Class A Common Stock Sale $18,540 -100 -0.07% $185.40 149,156 17 Dec 2021 Direct F1, F3
transaction W Class A Common Stock Sale $89,768 -482 -0.32% $186.24 148,674 17 Dec 2021 Direct F1, F4
transaction W Class A Common Stock Sale $136,311 -728 -0.49% $187.24 147,946 17 Dec 2021 Direct F1, F5
transaction W Class A Common Stock Sale $103,796 -550 -0.37% $188.72 147,396 17 Dec 2021 Direct F1, F6

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 ("RSUs") Options Exercise $0 -1,886 -4.6% $0.000000 38,799 15 Dec 2021 Class A Common Stock 1,886 Direct F7, F8
transaction W Restricted Stock Units ("RSUs") Options Exercise $0 -2,500 -50% $0.000000 2,500 15 Dec 2021 Class A Common Stock 2,500 Direct F7, F9
* 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 $184.07 to $184.51, 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 $185.38 to $185.57, 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 $185.99 to $186.62, 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 $186.73 to $187.68, 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 $188.04 to $188.84, 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 Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
F8 These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition is partially satisfied on June 15, 2021 with respect to 1,886 shares and as to varying amounts of additional shares for every three months of continuous service thereafter over a period of five years.
F9 These RSUs vest upon the satisfaction of a service condition and an event condition and have no expiration date. The service condition is satisfied as to 1/5th of the shares on March 15, 2018 and as to an additional 1/20th of the shares for every three months of continuous service thereafter.