Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | W | Class A Common Stock | Options Exercise | $0 | +2.92K | +12.83% | $0.00 | 25.7K | Mar 1, 2023 | Direct | |
transaction | W | Class A Common Stock | Sale | -$55.7K | -1.44K | -5.61% | $38.61 | 24.3K | Mar 2, 2023 | Direct | F1, F2 |
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 | -2.92K | -49.99% | $0.00 | 2.93K | Mar 1, 2023 | Class A Common Stock | 2.92K | Direct | F3, F4 |
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 $38.44 to $38.94, 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. |