Steve Oblak - 15 Dec 2022 Form 4 Insider Report for Wayfair Inc. (W)

Role: Chief Commercial Officer
Signature: /s/ Enrique Colbert, Attorney-in-fact for Steve Oblak
Issuer symbol: W
Transactions as of: 15 Dec 2022
Net transactions value: -$61,929
Form type: 4
Filing time: 16 Dec 2022, 17:39:23 UTC
Previous filing: 05 Dec 2022
Next filing: 04 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	W	Class A Common Stock	Options Exercise	$0	+3,664	+2.1%	$0.000000	175,878	15 Dec 2022	Direct
transaction	W	Class A Common Stock	Sale	$61,929	-1,631	-0.93%	$37.97	174,247	16 Dec 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 ("RSUs")	Options Exercise	$0	-3,664	-12%	$0.000000	26,645	15 Dec 2022	Class A Common Stock	3,664		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 $37.84 to $38.16, 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 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.