0001628280-23-022534.txt : 20230616 0001628280-23-022534.hdr.sgml : 20230616 20230616172703 ACCESSION NUMBER: 0001628280-23-022534 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230615 FILED AS OF DATE: 20230616 DATE AS OF CHANGE: 20230616 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Oblak Steve CENTRAL INDEX KEY: 0001620159 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36666 FILM NUMBER: 231022397 MAIL ADDRESS: STREET 1: C/O WAYFAIR INC. STREET 2: 4 COPLEY PLACE CITY: BOSTON STATE: MA ZIP: 02116 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Wayfair Inc. CENTRAL INDEX KEY: 0001616707 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 364791999 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4 COPLEY PLACE CITY: BOSTON STATE: MA ZIP: 02116 BUSINESS PHONE: 617 532 6100 MAIL ADDRESS: STREET 1: 4 COPLEY PLACE CITY: BOSTON STATE: MA ZIP: 02116 4 1 wf-form4_168695081234334.xml FORM 4 X0407 4 2023-06-15 0 0001616707 Wayfair Inc. W 0001620159 Oblak Steve C/O WAYFAIR INC., 4 COPLEY PLACE BOSTON MA 02116 0 1 0 0 Chief Commercial Officer 1 Class A Common Stock 2023-06-15 4 M 0 4037 0 A 223585 D Class A Common Stock 2023-06-16 4 S 0 1923 54.19 D 221662 D Restricted Stock Unit ("RSUs") 2023-06-15 4 M 0 4037 0 D Class A Common Stock 4037.0 21571 D Represents the number of shares sold by Wayfair Inc. on behalf of the reporting person, which sale is mandatory pursuant to Wayfair Inc.'s policies to cover necessary tax withholding obligations in connection with the vesting of the RSUs listed in Table II. Such sales do not represent a discretionary trade by the reporting person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $54.16 to $54.43, 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. Each RSU represents a contingent right to receive one share of Class A Common Stock when vested. These RSUs, which were granted on February 11, 2021, vest upon the satisfaction of a service condition and have no expiration date. The service condition was initially partially satisfied on June 15, 2021 as to 1,885 shares and vest as to varying amounts thereafter for every subsequent three months of continuous service over a period of five years. With respect to the number of shares that have not vested, subject to continued service on each applicable vesting date, 4,037 shares will vest on September 15, 2023 and 4,037 shares will vest on December 15, 2023, 8,816 shares will vest in substantially equal quarterly amounts commencing March 15, 2024, and 4,681 shares will vest in substantially equal quarterly amounts commencing March 15, 2025. /s/ Enrique Colbert, Attorney-in-fact for Steve Oblak 2023-06-16