0001783251-24-000020.txt : 20240703
0001783251-24-000020.hdr.sgml : 20240703
20240703170212
ACCESSION NUMBER: 0001783251-24-000020
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240701
FILED AS OF DATE: 20240703
DATE AS OF CHANGE: 20240703
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: 241100824
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_1720040525.xml
FORM 4
X0508
4
2024-07-01
0
0001616707
Wayfair Inc.
W
0001783251
Netzer Thomas
C/O WAYFAIR INC., 4 COPLEY PLACE
BOSTON
MA
02116
0
1
0
0
Chief Operating Officer
1
Class A Common Stock
2024-07-01
4
M
0
2888
0
A
138481
D
Class A Common Stock
2024-07-01
4
M
0
25383
0
A
163864
D
Class A Common Stock
2024-07-02
4
S
0
4425
50.52
D
159439
D
Class A Common Stock
2024-07-02
4
S
0
2200
51.17
D
157239
D
Restricted Stock Unit ("RSUs")
2024-07-01
4
M
0
2888
0
D
Class A Common Stock
2888
16783
D
Restricted Stock Unit ("RSUs")
2024-07-01
4
M
0
25383
0
D
Class A Common Stock
25383
0
D
Represents 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.00 to $50.99, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.04 to $51.34, 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 April 18, 2022, 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, 2,889 shares will vest on each of October 1, 2024, January 1, 2025 and April 1, 2025, an aggregate of 3,321 shares will vest in substantially equal quarterly amounts commencing July 1, 2025, and an aggregate of 4,795 shares will vest in substantially equal quarterly amounts commencing July 1, 2026.
These RSUs, which were granted on June 14, 2024, vest upon the satisfaction of a service condition and have no expiration date. The service condition was fully satisfied on July 1, 2024.
/s/ Enrique Colbert, Attorney-in-fact for Thomas Netzer
2024-07-03