SEC Form 4 · accession 0001140361-16-057235
Wayfair Inc. · W
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas Malone
Officer — Chief Administrative Officer
Period of report
Feb 24, 2016
Accepted (ET)
Mar 9, 2016 · 8:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001616707
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Mar 7, 2016 | S | 400 | $43.95 | D | 134,999 | D | |
| Class A Common Stock | Mar 8, 2016 | S | 400 | $45.00 | D | 134,599 | D |
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")F2,F3 | — | Feb 24, 2016 | A | 75,000 | A | — | — | Class A Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2014.
- F2Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
- F3These 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 March 15, 2017 and as to an additional 1/20th of the shares for every three months of continuous service thereafter.