Key facts
- This page summarizes Michael W. Choe's Form 4 filing for Wayfair Inc. (W).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 07 Sep 2023, 17:08.
Michael W. Choe - 06 Sep 2023 Form 4 Insider Report for Wayfair Inc. (W)
- Reporting relationship
- Director
- Issuer ticker
- W
- Reported as of
- 06 Sep 2023
- Net transaction value
- -$132,000,000
- SEC form
- 4
- Accepted by SEC
- 07 Sep 2023, 17:08:04 UTC
- Prior SEC filing
- 19 May 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jerome McCluskey, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Michael W. Choe filed Form 4 for Wayfair Inc. (W) on 07 Sep 2023.
Change
- Previous filing in this sequence was filed on 19 May 2023.
- Current net transaction value: -$132,000,000.
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 derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
W
transaction
Derivative
0.625% Convertible Senior Notes due 2025
Sale
- Transaction value
- $39,000,000
- Shares
- Change %
- Price
- Shares after
- $0
- Date
- 06 Sep 2023
- Ownership
- Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 93,491
- Exercise price
- Footnotes
- F1, F2
W
transaction
Derivative
1.00% Convertible Senior Notes due 2026
Sale
- Transaction value
- $10,000,000
- Shares
- Change %
- Price
- Shares after
- $83,000,000
- Date
- 06 Sep 2023
- Ownership
- Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 67,349
- Exercise price
- Footnotes
- F2, F3
W
transaction
Derivative
1.00% Convertible Senior Notes due 2026
Sale
- Transaction value
- $83,000,000
- Shares
- Change %
- Price
- Shares after
- $0
- Date
- 06 Sep 2023
- Ownership
- Footnote
- Underlying class
- Class A Common Stock
- Underlying amount
- 558,997
- Exercise price
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
The 0.625% Convertible Senior Notes due 2025 (the "2025 Notes") are convertible on and after July 1, 2025. Prior to July 1, 2025, the 2025 Notes are only convertible upon the occurrence of certain specified events. The current conversion rate is 2.3972 shares of the Issuer's Class A common stock per $1,000 principal amount of 2025 Notes (equivalent to a conversion price of approximately $417.15 per share of the Issuer's Class A common stock). The conversion rate is subject to adjustment upon the occurrence of certain specified events. The 2025 Notes mature on October 1, 2025.
Footnote F2
The Reporting Person is a Managing Director, Chief Executive Officer and member of the investment committee of Charlesbank Capital Partners, LLC, which is ultimate general partner or managing member of the investment vehicles that directly hold the securities reported herein. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.
Footnote F3
The 1.00% Convertible Senior Notes due 2026 (the "2026 Notes") are convertible on and after May 15, 2026. Prior to May 15, 2026, the 2026 Notes are only convertible upon the occurrence of certain specified events. The current conversion rate is 6.7349 shares of the Company's Class A common stock per $1,000 principal amount of Notes (equivalent to a conversion price of approximately $148.48 per share of the Company's Class A common stock). The conversion rate is subject to adjustment upon the occurrence of certain specified events. The 2026 Notes mature on August 15, 2026.