Steve Oblak - Nov 1, 2022 Form 4 Insider Report for Wayfair Inc. (W)

Role
Chief Commercial Officer
Signature
/s/ Enrique Colbert, Attorney-in-fact for Steve Oblak
Stock symbol
W
Transactions as of
Nov 1, 2022
Transactions value $
-$109,116
Form type
4
Date filed
11/2/2022, 07:30 PM
Previous filing
Oct 18, 2022
Next filing
Dec 5, 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 +6.5K +3.94% $0.00 172K Nov 1, 2022 Direct
transaction W Class A Common Stock Sale -$109K -2.92K -1.7% $37.33 169K Nov 2, 2022 Direct F1, F2

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 -6.5K -16.67% $0.00 32.5K Nov 1, 2022 Class A Common Stock 6.5K Direct F3, F4
* 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 $37.29 to $37.43, 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 Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
F4 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.