Rachana Kumar - 01 Apr 2024 Form 4 Insider Report for ETSY INC (ETSY)

Role: CHIEF TECHNOLOGY OFFICER
Signature: /s/ Brittany Keen, Attorney-in-Fact for Rachana Kumar
Issuer symbol: ETSY
Transactions as of: 01 Apr 2024
Net transactions value: -$199,545
Form type: 4
Filing time: 03 Apr 2024, 16:54:07 UTC
Previous filing: 19 Mar 2024
Next filing: 07 Jun 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	+8,390	+57%	$0.000000	23,207	01 Apr 2024	Direct	F1
transaction	ETSY	Common Stock	Tax liability	$199,545	-3,028	-13%	$65.90	20,179	01 Apr 2024	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	-1,621	-100%	$0.000000^*	0	01 Apr 2024	Common Stock	1,621		Direct	F3, F4
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-430	-33%	$0.000000	862	01 Apr 2024	Common Stock	430		Direct	F3, F5
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-1,573	-20%	$0.000000	6,291	01 Apr 2024	Common Stock	1,573		Direct	F3, F6
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-4,074	-17%	$0.000000	20,369	01 Apr 2024	Common Stock	4,074		Direct	F3, F7
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-692	-14%	$0.000000	4,154	01 Apr 2024	Common Stock	692		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.
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.
F3	Represents restricted stock units which correspond 1-for-1 with common stock.
F4	The restricted stock units vest in 3 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F5	The restricted stock units vest in 5 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F6	The restricted stock units vest in 7 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on each such vesting 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 by the Issuer on each such vesting 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.