Steve Oblak - Mar 15, 2023 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
Mar 15, 2023
Transactions value $
-$16,238
Form type
4
Date filed
3/17/2023, 07:09 PM
Previous filing
Mar 3, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction W Class A Common Stock Options Exercise $0 +1.04K +0.55% $0.00 189K Mar 15, 2023 Direct
transaction W Class A Common Stock Sale -$16.2K -510 -0.27% $31.84 189K Mar 16, 2023 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 -1.04K -3.89% $0.00 25.6K Mar 15, 2023 Class A Common Stock 1.04K 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 $31.60 to $31.99, 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.