01/03/2025 | Press release | Distributed by Public on 01/03/2025 18:12
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Unit ("RSU") | (1) | 01/01/2025 | M | 335 | (2) | (2) | Class A Common Stock | 335 | $ 0 | 1,005 | D | ||||
Restricted Stock Unit ("RSU") | (1) | 01/01/2025 | M | 180 | (3) | (3) | Class A Common Stock | 180 | $ 0 | 2,110 | D | ||||
Restricted Stock Unit ("RSU") | (1) | 01/01/2025 | M | 586 | (4) | (4) | Class A Common Stock | 586 | $ 0 | 2,330 | D | ||||
Restricted Stock Units ("RSUs") | (1) | 01/01/2025 | M | 1,389 | (5) | (5) | Class A Common Stock | 1,389 | $ 0 | 5,437 | D | ||||
Restricted Stock Unit ("RSU") | (1) | 01/01/2025 | M | 22,927 | (6) | (6) | Class A Common Stock | 22,927 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Gulliver Kate C/O WAYFAIR INC., 4 COPLEY PLACE BOSTON, MA 02116 |
CFO and Chief Admin Officer |
/s/ Enrique Colbert, Attorney-In-Fact for Kate Gulliver | 01/03/2025 |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Each RSU represents a contingent right to receive one share of Class A Common Stock when vested. |
(2) | These RSUs, which were granted on November 12, 2020, 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, 335 shares will vest on each of April 1, 2025, July 1, 2025, and October 1, 2025. |
(3) | These RSUs, which were granted on November 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, 181 shares will vest on each of April 1, 2025, July 1, 2025, and October 1, 2025, and an aggregate of 1,567 shares will vest in substantially equal quarterly amounts commencing on January 1, 2026. |
(4) | 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, 587 shares will vest on April 1, 2025, an aggregate of 868 shares will vest in equal quarterly amounts commencing July 1, 2025, and an aggregate of 875 shares will vest in substantially equal quarterly amounts commencing July 1, 2026. |
(5) | These RSUs, which were granted on February 1, 2023, 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, 1,389 shares will vest on April 1, 2025, an aggregate of 2,336 shares will vest in equal quarterly amounts commencing July 1, 2025, and an aggregate of 1,712 shares will vest in equal quarterly amounts commencing July 1, 2026. |
(6) | These RSUs, which were granted on December 12, 2024, vest upon the satisfaction of a service condition and have no expiration date. The service condition was fully satisfied on January 1, 2025. |