Thomas Netzer - Aug 1, 2022 Form 4 Insider Report for Wayfair Inc. (W)

Role
Chief Operating Officer
Signature
/s/ Enrique Colbert, Attorney-in-fact for Thomas Netzer
Stock symbol
W
Transactions as of
Aug 1, 2022
Transactions value $
-$122,491
Form type
4
Date filed
8/3/2022, 06:55 PM
Previous filing
Jul 6, 2022
Next filing
Sep 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction W Class A Common Stock Options Exercise $0 +6K +12.69% $0.00 53.3K Aug 1, 2022 Direct
transaction W Class A Common Stock Sale -$60.8K -1.09K -2.04% $55.79 52.2K Aug 2, 2022 Direct F1, F2
transaction W Class A Common Stock Sale -$61.7K -1.08K -2.07% $57.11 51.1K Aug 2, 2022 Direct F1, 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 -6K -25% $0.00 18K Aug 1, 2022 Class A Common Stock 6K 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 $55.43 to $56.06, 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 $56.82 to $57.27, 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 Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
F5 These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition was satisfied as to 1/5th of the shares on May 1, 2019 and as to an additional 1/20th of the shares for every three months of continuous service thereafter.