Key facts
- This page summarizes Thomas Netzer's Form 4 filing for Wayfair Inc. (W).
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 04 Jan 2023, 18:44.
Thomas Netzer - 01 Jan 2023 Form 4 Insider Report for Wayfair Inc. (W)
- Reporting relationship
- Chief Operating Officer
- Issuer ticker
- W
- Reported as of
- 01 Jan 2023
- Net transaction value
- -$154,981
- SEC form
- 4
- Accepted by SEC
- 04 Jan 2023, 18:44:54 UTC
- Prior SEC filing
- 16 Dec 2022
- Next SEC filing
- 03 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Enrique Colbert, Attorney-in-fact for Thomas Netzer
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Filing notes and source
Key filing fact
Thomas Netzer filed Form 4 for Wayfair Inc. (W) on 04 Jan 2023.
Change
- Previous filing in this sequence was filed on 16 Dec 2022.
- Current net transaction value: -$154,981.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
W
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +5,052
- Change %
- +7.4%
- Price
- $0.000000
- Shares after
- 73,648
- Date
- 01 Jan 2023
- Ownership
- Direct
W
transaction
Class A Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +6,638
- Change %
- +9%
- Price
- $0.000000
- Shares after
- 80,286
- Date
- 01 Jan 2023
- Ownership
- Direct
W
transaction
Class A Common Stock
Sale
- Transaction value
- $154,981
- Shares
- -4,636
- Change %
- -5.8%
- Price
- $33.43
- Shares after
- 75,650
- Date
- 04 Jan 2023
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
W
transaction
Derivative
Restricted Stock Units ("RSUs")
Options Exercise
- Transaction value
- $0
- Shares
- -5,052
- Change %
- -11%
- Price
- $0.000000
- Shares after
- 42,362
- Date
- 01 Jan 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 5,052
- Exercise price
- Footnotes
- F3, F4
W
transaction
Derivative
Restricted Stock Unit ("RSUs")
Options Exercise
- Transaction value
- $0
- Shares
- -6,638
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 19,914
- Date
- 01 Jan 2023
- Ownership
- Direct
- Underlying class
- Class A Common Stock
- Underlying amount
- 6,638
- Exercise price
- Footnotes
- F3, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote 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.
Footnote F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.92 to $33.74, 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.
Footnote F3
Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
Footnote F4
These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition is partially satisfied on July 1, 2022 with respect to 5,051 shares and as to varying amounts of additional shares for every three months of continuous service thereafter over a period of five years.
Footnote F5
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.