Sarah Liebel - Jun 9, 2021 Form 3 Insider Report for 1stdibs.com, Inc. (DIBS)

Role
Chief Revenue Officer
Signature
By: /s/ Sarah Liebel
Stock symbol
DIBS
Transactions as of
Jun 9, 2021
Transactions value $
$0
Form type
3
Date filed
6/9/2021, 06:36 PM
Next filing
Dec 9, 2021

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 23.3K $3.87 Direct F1
holding DIBS Employee Stock Option (right to buy) Jun 9, 2021 Common Stock 30K $4.02 Direct F2
holding DIBS Employee Stock Option (right to buy) Jun 9, 2021 Common Stock 78.3K $4.47 Direct F3
holding DIBS Employee Stock Option (right to buy) Jun 9, 2021 Common Stock 33.3K $4.59 Direct F4
holding DIBS Employee Stock Option (right to buy) Jun 9, 2021 Common Stock 12K $9.45 Direct F5
holding DIBS Employee Stock Option (right to buy) Jun 9, 2021 Common Stock 28K $9.45 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an initial option to purchase 90,000 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 25% of the shares vesting on October 1, 2016, and with 75% of the shares vesting in 36 equal monthly installments thereafter, 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 September 1, 2017, 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 September 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, 2020, subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F5 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.
F6 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