SEC Form 4 · accession 0001179110-15-006847
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
Apr 28, 2015
Accepted (ET)
Apr 30, 2015 · 12:03 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 | — | Apr 28, 2015 | A | 50,000 | D | — | Apr 28, 2022 | Class A Common Stock | 50,000 | 50,000 | 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. The service condition is satisfied as to 20% of the shares on March 15, 2016 and as to an additional 5% of the shares for each 3-month period of continuous service thereafter.