SEC Form 4 · accession 0001616707-17-000193
Wayfair Inc. · W
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Champlin Mulliken
Officer — SVP, Strategic Initiatives
Period of report
Mar 29, 2017
Accepted (ET)
Mar 30, 2017 · 4:26 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 | Mar 29, 2017 | S | 400 | $40.00 | D | 238,922 | D | |
| Class A Common Stock | Mar 30, 2017 | S | 475 | $40.33 | D | 238,447 | 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 30, 2017 | A | 50,000 | A | — | — | Class A Common Stock | 50,000 | 50,000 | 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.
- 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 an event condition and have no expiration date. The service condition is satisfied as to 1/5th of the shares on March 15, 2018 and as to an additional 1/20th of the shares for every three months of continuous service thereafter.