David S. Rosenblatt - Jun 9, 2021 Form 3 Insider Report for 1stdibs.com, Inc. (DIBS)

Role
Chief Executive Officer, Director
Signature
By: /s/ David S. Rosenblatt
Stock symbol
DIBS
Transactions as of
Jun 9, 2021
Transactions value $
$0
Form type
3
Date filed
6/9/2021, 06:27 PM
Previous filing
Jun 1, 2021
Next filing
Jun 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DIBS Common Stock 1.42M Jun 9, 2021 Direct
holding DIBS Common Stock 615K Jun 9, 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) Jun 9, 2021 Common Stock 667K $3.87 Direct F1
holding DIBS Employee Stock Option (right to buy) Jun 9, 2021 Common Stock 200K $4.56 Direct F2
holding DIBS Employee Stock Option (right to buy) Jun 9, 2021 Common Stock 155K $9.45 Direct F3
holding DIBS Employee Stock Option (right to buy) Jun 9, 2021 Common Stock 362K $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