Nicholas Daniel - 01 Oct 2023 Form 4 Insider Report for ETSY INC (ETSY)

Role
Chief Product Officer
Signature
/s/ Brittany Keen, as Attorney-in-Fact for Nicholas Daniel
Issuer symbol
ETSY
Transactions as of
01 Oct 2023
Net transactions value
-$313,278
Form type
4
Filing time
03 Oct 2023, 16:14:36 UTC
Previous filing
25 Jul 2023
Next filing
29 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $0 +10,785 +124% $0.000000 19,489 01 Oct 2023 Direct F1
transaction ETSY Common Stock Tax liability $313,278 -4,851 -25% $64.58 14,638 01 Oct 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ETSY Restricted Stock Units Options Exercise $0 -540 -50% $0.000000 541 01 Oct 2023 Common Stock 540 Direct F3, F4
transaction ETSY Restricted Stock Units Options Exercise $0 -117 -25% $0.000000 352 01 Oct 2023 Common Stock 117 Direct F3, F5
transaction ETSY Restricted Stock Units Options Exercise $0 -1,572 -17% $0.000000 7,864 01 Oct 2023 Common Stock 1,572 Direct F3, F6
transaction ETSY Restricted Stock Units Options Exercise $0 -4,056 -14% $0.000000 24,333 01 Oct 2023 Common Stock 4,056 Direct F3, F7
transaction ETSY Restricted Stock Units Options Exercise $0 -4,500 -12% $0.000000 31,502 01 Oct 2023 Common Stock 4,500 Direct F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock acquired upon the vesting of the restricted stock units and performance-based restricted stock units.
F2 This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units and performance-based restricted stock units.
F3 Represents restricted stock units which correspond 1-for-1 with common stock.
F4 The restricted stock units vest in 4 equal semi-annual installments, beginning on October 1, 2022, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F5 The restricted stock units vest in 6 equal semi-annual installments, beginning on October 1, 2022, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F6 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2022, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F7 The restricted stock units vest in 8 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F8 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2023, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney