0001783251-23-000004.txt : 20231219
0001783251-23-000004.hdr.sgml : 20231219
20231219191818
ACCESSION NUMBER: 0001783251-23-000004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231215
FILED AS OF DATE: 20231219
DATE AS OF CHANGE: 20231219
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Netzer Thomas
CENTRAL INDEX KEY: 0001783251
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36666
FILM NUMBER: 231498964
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]
ORGANIZATION NAME: 07 Trade & Services
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
wk-form4_1703031489.xml
FORM 4
X0508
4
2023-12-15
0
0001616707
Wayfair Inc.
W
0001783251
Netzer Thomas
4 COPLEY PLACE
BOSTON
MA
02116
0
1
0
0
Chief Operating Officer
1
Class A Common Stock
2023-12-15
4
M
0
2074
0
A
119697
D
Class A Common Stock
2023-12-18
4
S
0
982
62.87
D
118715
D
Restricted Stock Unit ("RSUs")
2023-12-15
4
M
0
2074
0
D
Class A Common Stock
2074
13497
D
Restricted Stock Unit ("RSUs")
2023-12-15
4
A
0
26932
0
A
Class A Common Stock
26932
26932
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 $62.64 to $63.23, 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. With respect to the number of shares that have not vested, subject to continued service on each applicable vesting date, 13,497 shares will vest in eight (8) varying quarterly amounts commencing on March 15, 2024.
These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition is fully satisfied on January 1, 2024.
/s/ Enrique Colbert, Attorney-in-fact for Thomas Netzer
2023-12-19