SEC Form 4 · accession 0001616707-18-000231

Wayfair Inc. · W

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

Reporting owner

Steve Oblak

Officer — Chief Merchandising Officer

Period of report

Jun 14, 2018

Accepted (ET)

Jun 18, 2018 · 6:34 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
Class A Common Stock	Jun 14, 2018	S	10,360	$110.07	D	117,445	D
Class A Common Stock	Jun 15, 2018	S	3,240	$110.06	D	114,205	D
Class A Common Stock	Jun 15, 2018	M	2,500	$0.00	A	116,705	D
Class A Common Stock	Jun 15, 2018	M	243	$0.00	A	116,948	D
Class A Common Stock	Jun 15, 2018	M	5,000	$0.00	A	121,948	D
Class A Common Stock	Jun 15, 2018	M	2,500	$0.00	A	124,448	D
Class A Common Stock^F3	Jun 15, 2018	S	4,659	$107.55	D	119,789	D
Class A Common Stock	Jun 15, 2018	S	107	$111.69	D	119,682	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")^F4,F5	—	Jun 15, 2018	M	2,500	D	—	—	Class A Common Stock	2,500	17,500	D
Restricted Stock Units ("RSUs")^F4,F6	—	Jun 15, 2018	M	243	D	—	—	Class A Common Stock	243	2,190	D
Restricted Stock Units ("RSUs")^F4,F7	—	Jun 15, 2018	M	5,000	D	—	—	Class A Common Stock	5,000	55,000	D
Restricted Stock Units ("RSUs")^F4,F8	—	Jun 15, 2018	M	2,500	D	—	—	Class A Common Stock	2,500	37,500	D

Explanation of responses

F1Represents sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2Represents the number of shares required to be sold by the reporting person to cover tax withholding obligations in connection with the vesting of the RSUs listed in Table II and does not represent a discretionary trade by the reporting person.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.44 to $107.79, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
F5These 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.
F6These 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 September 15, 2016 and as to an additional 1/20th of the shares for every three months of continuous service thereafter.
F7These 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.
F8These 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.