Jon Blotner - 01 Jul 2024 Form 4 Insider Report for Wayfair Inc. (W)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
03 Jul 2024, 17:06:16 UTC
Prior SEC filing
18 Jun 2024
Next SEC filing
05 Jul 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Enrique Colbert, Attorney-In-Fact for Jon Blotner

Key filing fact

Jon Blotner filed Form 4 for Wayfair Inc. (W) on 03 Jul 2024.

Key facts

  • This page summarizes Jon Blotner's Form 4 filing for Wayfair Inc. (W).
  • 9 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 03 Jul 2024, 17:06.

Change

  • Previous filing in this sequence was filed on 18 Jun 2024.
  • Current net transaction value: -$244,611.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

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
+315
Change %
+0.83%
Price
$0.000000
Shares after
38,272
Date
01 Jul 2024
Ownership
Direct
W transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+932
Change %
+2.4%
Price
$0.000000
Shares after
39,204
Date
01 Jul 2024
Ownership
Direct
W transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+493
Change %
+1.3%
Price
$0.000000
Shares after
39,697
Date
01 Jul 2024
Ownership
Direct
W transaction

Class A Common Stock

Options Exercise

Transaction value
$0
Shares
+18,256
Change %
+46%
Price
$0.000000
Shares after
57,953
Date
01 Jul 2024
Ownership
Direct
W transaction

Class A Common Stock

Sale

Transaction value
$244,611
Shares
-4,801
Change %
-8.3%
Price
$50.95
Shares after
53,152
Date
02 Jul 2024
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
-315
Change %
-50%
Price
$0.000000
Shares after
316
Date
01 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
315
Exercise price
Footnotes
F3, F4
W transaction Derivative

Restricted Stock Units ("RSUs")

Options Exercise

Transaction value
$0
Shares
-932
Change %
-22%
Price
$0.000000
Shares after
3,288
Date
01 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
932
Exercise price
Footnotes
F3, F5
W transaction Derivative

Restricted Stock Units ("RSUs")

Options Exercise

Transaction value
$0
Shares
-493
Change %
-14%
Price
$0.000000
Shares after
2,932
Date
01 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
493
Exercise price
Footnotes
F3, F6
W transaction Derivative

Restricted Stock Units ("RSUs")

Options Exercise

Transaction value
$0
Shares
-18,256
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
18,256
Exercise price
Footnotes
F3, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 7 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 $50.49 to $51.45, 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, which were granted in multiple awards on November 5, 2019, vest upon the satisfaction of a service condition and have no expiration date. With respect to the number of shares that have not vested, subject to continued service on the vesting date, 316 shares will vest on October 1, 2024.

Footnote F5

These RSUs, which were granted in multiple awards on November 11, 2021, vest upon the satisfaction of a service condition and have no expiration date. With respect to the number of shares that have not vested, subject to continued service on each applicable vesting date, 933 shares will vest on October 1, 2024, an aggregate amount of 1,049 shares will vest in substantially equal quarterly amounts commencing January 1, 2025, and an aggregate amount of 1,306 shares will vest in substantially equal quarterly amounts commencing January 1, 2026.

Footnote F6

These RSUs, which were granted in multiple awards on April 18, 2022, vest upon the satisfaction of a service condition and have no expiration date. With respect to the number of shares that have not vested, subject to continued service on each applicable vesting date, 493 shares will vest on each of October 1, 2024 and January 1, 2025, 494 shares will vest on April 1, 2025, an aggregate amount of 723 shares will vest in substantially equal quarterly amounts commencing July 1, 2025, and an aggregate amount of 729 shares will vest in substantially equal quarterly amounts commencing July 1, 2026.

Footnote F7

These RSUs, which were granted on June 14, 2024, vest upon the satisfaction of a service condition and have no expiration date. The service condition was fully satisfied on July 1, 2024.

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