SEC Form 4 · accession 0001616707-16-000099
Wayfair Inc. · W
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeremy Delinsky
Officer — Chief Technology Officer
Period of report
Aug 1, 2016
Accepted (ET)
Aug 3, 2016 · 4:20 pm EDT
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 | Aug 1, 2016 | M | 70,000 | $0.00 | A | 70,000 | D | |
| Class A Common Stock | Aug 1, 2016 | F | 29,657 | $43.50 | D | 40,343 | 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 Unit ("RSUs")F1,F2 | — | Aug 1, 2016 | M | 70,000 | D | — | — | Class A Common Stock | 70,000 | 280,000 | 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 and have no expiration date. The service condition is satisfied as to 1/5th of the shares on August 1, 2016 and as to an additional 1/60th of the shares for each month of continuous service thereafter.