SEC Form 4 · accession 0001179110-15-004121

Wayfair Inc. · W

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Steve Oblak

Officer — SVP and GM, Wayfair.com

Period of report

Mar 1, 2015

Accepted (ET)

Mar 3, 2015 · 6:37 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^F1	Mar 1, 2015	C	4,809	—	A	77,394	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	—	Mar 1, 2015	M	250	D	—	Oct 18, 2018	Class B Common Stock	250	4,251	D
Restricted Stock Units ("RSUs")^F2,F4	—	Mar 1, 2015	M	834	D	—	Nov 2, 2019	Class B Common Stock	834	24,167	D
Restricted Stock Units ("RSUs")^F2,F5	—	Mar 1, 2015	M	6,000	D	—	Apr 8, 2021	Class B Common Stock	6,000	24,000	D
Class B Common Stock^F1	—	Mar 1, 2015	M	7,084	A	—	—	Class A Common Stock	7,084	7,084	D
Class B Common Stock^F1	—	Mar 1, 2015	F	2,275	D	—	—	Class A Common Stock	2,275	4,809	D
Class B Common Stock^F1	—	Mar 1, 2015	C	4,809	D	—	—	Class A Common Stock	4,809	0	D

Explanation of responses

F1Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date. In addition, each share of Class B Common Stock will automatically convert into one share of Class A Common Stock (a) upon transfer thereof, subject to certain exceptions, (b) upon the date on which the outstanding shares of Class B Common Stock represent less than 10% of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, or (c) in the event that holders of at least 662/3% of the then outstanding shares of Class B Common Stock elect to convert all shares of Class B Common Stock into shares of Class A Common Stock.
F2Each RSU represents a contingent right to receive one share of Class B Common Stock when vested.
F3These RSUs vest upon the satisfaction of a service condition and an event condition. The service condition is satisfied as to 1/5th of the shares on August 1, 2012 and as to an additional 1/60th of the shares for each month of continuous service thereafter. The event condition was satisfied on the closing of the issuer's initial public offering of Class A Common Stock.
F4These RSUs vest upon the satisfaction of a service condition and an event condition. The service condition is satisfied as to 1/5th of the shares on August 1, 2013 and as to an additional 1/60th of the shares for each month of continuous service thereafter. The event condition was satisfied on the closing of the issuer's initial public offering of Class A Common Stock.
F5These RSUs vest upon the satisfaction of a service condition and an event condition. The service condition is satisfied as to 1/5th of the shares on March 1, 2015 and as to an additional 1/60th of the shares for each month of continuous service thereafter. The event condition was satisfied on the closing of the issuer's initial public offering of Class A Common Stock.