Choe Michael W. 4
4 · Wayfair Inc. · Filed May 23, 2022
Insider Transaction Report
Form 4
Choe Michael W.
Director
Transactions
- Purchase
0.625% Convertible Senior Notes due 2025
2022-05-20$3481250.00/sh(indirect: Footnote)→ Class A Common Stock (11,986 underlying)
Footnotes (2)
- [F1]The 0.625% Convertible Senior Notes due 2025 (the "2025 Notes") are convertible on and after July 1, 2025. Prior to July 1, 2025, the 2025 Notes are only convertible upon the occurrence of certain specified events. The current conversion rate is 2.3972 shares of the Issuer's Class A common stock per $1,000 principal amount of 2025 Notes (equivalent to a conversion price of approximately $417.15 per share of the Issuer's Class A common stock). The conversion rate is subject to adjustment upon the occurrence of certain specified events. The 2025 Notes mature on October 1, 2025.
- [F2]The Reporting Person is a Managing Director, Chief Executive Officer and member of the investment committee of Charlesbank Capital Partners, LLC, which is ultimate general partner or managing member of the investment vehicles that directly hold the securities reported herein. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein.