David S. Rosenblatt - 09 Jun 2021 Form 3 Insider Report for 1stdibs.com, Inc. (DIBS)

Role
Chief Executive Officer, Director
Signature
By: /s/ David S. Rosenblatt
Issuer symbol
DIBS
Transactions as of
09 Jun 2021
Net transactions value
$0
Form type
3
Filing time
09 Jun 2021, 18:27:07 UTC
Previous filing
01 Jun 2021
Next filing
15 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DIBS Common Stock 1,421,475 09 Jun 2021 Direct
holding DIBS Common Stock 615,302 09 Jun 2021 By 2012 David Rosenblatt Family Trust dtd 11/30/2012

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
holding DIBS Employee Stock Option (right to buy) 09 Jun 2021 Common Stock 666,666 $3.87 Direct F1
holding DIBS Employee Stock Option (right to buy) 09 Jun 2021 Common Stock 200,000 $4.56 Direct F2
holding DIBS Employee Stock Option (right to buy) 09 Jun 2021 Common Stock 155,000 $9.45 Direct F3
holding DIBS Employee Stock Option (right to buy) 09 Jun 2021 Common Stock 361,666 $9.45 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option vests over four years with 1/48th of the shares vesting on each monthly anniversary of November 1, 2015, subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F2 Option vests over four years with 1/48th of the shares vesting on each monthly anniversary of March 1, 2019, subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F3 Option vests over four years with 1/48th of the shares vesting on each monthly anniversary of March 1, 2021, subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F4 Option vests over four years, with 20.8333% of the shares vesting on January 1, 2022, and with 79.1667% of the shares vesting in 38 equal monthly installments thereafter, subject to the consummation of the Issuer's initial public offering and the reporting person's continued service with the Issuer through the applicable vesting date.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney