SEC Form 4 · accession 0001140361-15-038995
Wayfair Inc. · W
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Savarese
Officer — Chief Operating Officer
Period of report
Oct 27, 2015
Accepted (ET)
Oct 29, 2015 · 8:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001616707
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units ("RSUs")F1,F2 | — | Oct 27, 2015 | A | 10,420 | A | — | — | Class A Common Stock | 10,420 | 10,420 | D |
Explanation of responses
- F1Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
- F2These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition is satisfied as to 1/5th of the shares on September 15, 2016 and as to an additional 1/20th of the shares for every three months of continuous service thereafter.