Kate Gulliver - 01 Nov 2022 Form 3 Insider Report for Wayfair Inc. (W)

Role
CFO and Chief Admin Officer
Signature
Enrique Colbert, Attorney-In-Fact for Kate Gulliver
Issuer symbol
W
Transactions as of
01 Nov 2022
Net transactions value
$0
Form type
3
Filing time
02 Nov 2022, 19:28:44 UTC
Next filing
05 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding W Class A Common Stock 14,416 01 Nov 2022 Direct

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
holding W Restricted Stock Unit ("RSU") 01 Nov 2022 Class A Common Stock 5,520 Direct F1, F2
holding W Restricted Stock Unit ("RSU") 01 Nov 2022 Class A Common Stock 3,350 Direct F2, F3
holding W Restricted Stock Unit ("RSU") 01 Nov 2022 Class A Common Stock 8,508 Direct F2, F4
holding W Restricted Stock Unit ("RSU") 01 Nov 2022 Class A Common Stock 11,192 Direct F2, F5
holding W Restricted Stock Unit ("RSU") 01 Nov 2022 Class A Common Stock 17,546 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These RSUs were granted in multiple awards on November 5, 2019, which vest upon the satisfaction of a service condition and have no expiration date. The service condition is partially satisfied with respect to an aggregate of 2,998 shares that vest in four substantially equal amounts commencing on January 1, 2023 and for every three months of continuous service thereafter, and as to an aggregate of 2,522 that vest in four substantially equal amounts commencing on January 1, 2024 and for every three months of continuous service thereafter.
F2 Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
F3 These RSUs were granted in multiple awards on November 12, 2020, which vest upon the satisfaction of a service condition and have no expiration date. The service condition is partially satisfied with respect to an aggregate of 2,010 shares that vest in four substantially equal amounts commencing on January 1, 2023 and for every three months of continuous service thereafter, and as to an aggregate of 1,340 shares that vest in four substantially equal amounts commencing on January 1, 2025 and for every three months of continuous service thereafter.
F4 These RSUs were granted in multiple awards on November 11, 2021, which vest upon the satisfaction of a service condition and have no expiration date. The service condition is partially satisfied with respect to (i) an aggregate of 2,842 shares that vest in four substantially equal amounts commencing on January 1, 2023 and for every three months of continuous service thereafter, (ii) an aggregate of 3,376 shares that vest in four substantially equal amounts commencing on January 1, 2024 and for every three months of continuous service thereafter, (iii) an aggregate of 723 shares that vest in four substantially equal amounts commencing on January 1, 2025 and for every three months of continuous service thereafter, and (iv) an aggregate of 1,567 shares that vest in four substantially equal amounts commencing on January 1, 2026 and for every three months of continuous service thereafter.
F5 These RSUs were granted in multiple awards on April 18, 2022, which vest upon the satisfaction of a service condition and have no expiration date. The service condition is partially satisfied on January 1, 2023 with respect to 1,811 shares and as to varying amounts of additional shares for every three months of continuous service thereafter over a period of five years.
F6 These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition is satisfied as to 1/6th of the shares on November 1, 2022 and as to an additional 1/6th of the shares for every one month of continuous service thereafter.