Tu Nguyen - 09 Jun 2021 Form 3 Insider Report for 1stdibs.com, Inc. (DIBS)

Role
Chief Financial Officer
Signature
By: /s/ Tu Nguyen
Issuer symbol
DIBS
Transactions as of
09 Jun 2021
Net transactions value
$0
Form type
3
Filing time
09 Jun 2021, 18:32:15 UTC
Next filing
31 Aug 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 21,748 09 Jun 2021 Direct

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 1,666 $4.02 Direct F1
holding DIBS Employee Stock Option (right to buy) 09 Jun 2021 Common Stock 5,000 $4.11 Direct F2
holding DIBS Employee Stock Option (right to buy) 09 Jun 2021 Common Stock 25,000 $4.47 Direct F3
holding DIBS Employee Stock Option (right to buy) 09 Jun 2021 Common Stock 16,666 $4.56 Direct F4
holding DIBS Employee Stock Option (right to buy) 09 Jun 2021 Common Stock 136,000 $4.59 Direct F5
holding DIBS Employee Stock Option (right to buy) 09 Jun 2021 Common Stock 29,500 $9.45 Direct F6
holding DIBS Employee Stock Option (right to buy) 09 Jun 2021 Common Stock 68,833 $9.45 Direct F7
* 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 March 1, 2017, 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, 2018, 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 November 1, 2018, subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F4 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.
F5 Represents an initial option to purchase 450,000 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 1/48th of the shares vesting on each monthly anniversary of March 1, 2020, subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F6 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.
F7 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