| SECURITIES AND EXCHANGE
COMMISSION Washington, D.C. 20549 |
SCHEDULE 13G |
UNDER THE SECURITIES EXCHANGE ACT OF 1934
|
(Amendment
No. 10
)*
|
Wayfair Inc. (Name of Issuer) |
Class A Common Stock (Title of Class of Securities) |
94419L101 (CUSIP Number) |
12/31/2024 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule
13d-1(b) |
| Rule
13d-1(c) |
 Rule
13d-1(d) |
SCHEDULE 13G |
| CUSIP No. | 94419L101 |
| 1 | Names of Reporting Persons Steven Conine | ||||||||
| 2 | Check the appropriate box if a member of a Group (see
instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization UNITED STATES | ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting
Person 11,695,064.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes
certain shares (See Instructions) | ||||||||
| 11 | Percent of class represented by amount in row (9) 10.5 % | ||||||||
| 12 | Type of Reporting Person (See Instructions) IN |
SCHEDULE 13G |
| Item 1. | ||
| (a) | Name of issuer: Wayfair Inc. | |
| (b) | Address of issuer's principal executive
offices: 4 Copley Place, Boston, MA, 02116 | |
| Item 2. | ||
| (a) | Name of person filing: Steven Conine | |
| (b) | Address or principal business office or, if
none, residence: 4 Copley Place
Boston, MA 02116 | |
| (c) | Citizenship: U.S. citizen | |
| (d) | Title of class of securities: Class A Common Stock | |
| (e) | CUSIP No.: 94419L101 | |
| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker
or dealer registered under section 15 of the Act (15 U.S.C. 78o); | |
| (b) | Bank
as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); | |
| (c) | Insurance
company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); | |
| (d) | Investment
company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | |
| (e) | An
investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); | |
| (f) | An
employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); | |
| (g) | A
parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); | |
| (h) | A
savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.
1813); | |
| (i) | A
church plan that is excluded from the definition of an investment company under section 3(c)(14)
of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | |
| (j) | A
non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S.
institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution: | |
| (k) | Group,
in accordance with Rule 240.13d-1(b)(1)(ii)(K). | |
| Item 4. | Ownership | |
| (a) | Amount beneficially owned: This Amendment No. 10 to Schedule 13G is filed with respect to the Class A Common Stock, $0.001 par value per share, of the Issuer (the "Class A Common Shares"), but also relates to the Class B Common Stock, $0.001 par value per share (the "Class B Common Shares"), of the Issuer that may be converted on a one-for-one basis into Class A Common Shares as further described below.
The amount beneficially owned by the Reporting Person includes: (i) 619,073 Class A Common Shares directly held by the Reporting Person, (ii) 10,473,304 Class B Common Shares directly held by the Reporting Person, (iii) 579,830 Class A Common Shares held by the Conine Family Foundation, of which the Reporting Person's spouse is President, and (iv) 22,857 Class A Common Shares held by SK Ventures LLC, of which the Reporting Person is a member.
Each Class B Common Share is convertible at any time at the option of the Reporting Person into one Class A Common Share. In addition, each Class B Common Share will automatically convert into one Class A Common Share (a) upon transfer thereof, subject to certain exceptions, (b) upon the date on which the outstanding Class B Common Shares represent less than 10% of the aggregate number of shares of the then outstanding Class A Common Shares and Class B Common Shares, in the aggregate, or (c) in the event that holders of at least sixty six and two-thirds percent of the then outstanding Class B Common Shares elect to convert all such Class B Common Shares into Class A Common Shares. | |
| (b) | Percent of class: The ownership percentage above is based on an aggregate of 111,235,885 Class A Common Shares, consisting of (i) 100,762,581 Class A Common Shares outstanding as of December 31, 2024 and (ii) 10,473,304 Class A Common Shares issuable upon conversion of the 10,473,304 Class B Common Shares (on a one-for-one basis) directly held by the Reporting Person as of December 31, 2024.
10.5 % | |
| (c) | Number of shares as to which the person has: | |
| (i) Sole power to vote or to direct the vote: The Reporting Person has the sole power to vote or to direct the vote with respect to (i) 1,198,903 Class A Common Shares, consisting of 619,073 Class A Common Shares directly held by the Reporting Person and 579,830 Class A Common Shares held by the Conine Family Foundation, of which the Reporting Person's spouse is President, and (ii) 10,473,304 Class B Common Shares directly held by the Reporting Person. | ||
| (ii) Shared power to vote or to direct the
vote: The Reporting Person has shared power to vote or to direct the vote with respect to 22,857 Class A Common Shares. | ||
| (iii) Sole power to dispose or to direct the
disposition of: The Reporting Person has sole power to dispose or to direct the disposition of (i) 1,198,903 Class A Common Shares, consisting of 619,073 Class A Common Shares directly held by the Reporting Person and 579,830 Class A Common Shares held by the Conine Family Foundation, of which the Reporting Person's spouse is President, and (ii) 10,473,304 Class B Common Shares directly held by the Reporting Person. | ||
| (iv) Shared power to dispose or to direct the
disposition of: The Reporting Person has shared power to dispose or to direct the disposition of 22,857 Class A Common Shares. | ||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
| ||
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
| ||
| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
| ||
| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
| ||
| Item 10. | Certifications: |
| SIGNATURE | |
After reasonable inquiry and to the
best of my knowledge and belief, I certify that the information set forth in this statement is
true, complete and correct. |
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