Michael T. Fisher - Jun 2, 2021 Form 4 Insider Report for ETSY INC (ETSY)

Signature
/s/ Brittany Keen, as Attorney-In-Fact for Michael T. Fisher
Stock symbol
ETSY
Transactions as of
Jun 2, 2021
Transactions value $
-$818,565
Form type
4
Date filed
6/3/2021, 05:24 PM
Next filing
Jul 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $74.5K +5.21K +33.43% $14.31 20.8K Jun 2, 2021 Direct F1
transaction ETSY Common Stock Sale -$82K -497 -2.39% $164.96 20.3K Jun 2, 2021 Direct F1, F2
transaction ETSY Common Stock Sale -$51.7K -312 -1.54% $165.76 20K Jun 2, 2021 Direct F1, F3
transaction ETSY Common Stock Sale -$118K -708 -3.54% $166.84 19.3K Jun 2, 2021 Direct F1, F4
transaction ETSY Common Stock Sale -$92.8K -553 -2.87% $167.90 18.7K Jun 2, 2021 Direct F1, F5
transaction ETSY Common Stock Sale -$54.2K -317 -1.69% $170.93 18.4K Jun 2, 2021 Direct F1, F6
transaction ETSY Common Stock Sale -$24.5K -143 -0.78% $171.61 18.3K Jun 2, 2021 Direct F1
transaction ETSY Common Stock Sale -$27.2K -157 -0.86% $173.09 18.1K Jun 2, 2021 Direct F1, F7
transaction ETSY Common Stock Sale -$40.9K -235 -1.3% $174.19 17.9K Jun 2, 2021 Direct F1, F8
transaction ETSY Common Stock Sale -$316K -1.8K -10.07% $175.47 16.1K Jun 2, 2021 Direct F1, F9
transaction ETSY Common Stock Sale -$85.9K -488 -3.04% $176.08 15.6K Jun 2, 2021 Direct F1, F10
holding ETSY Common Stock 7.66K Jun 2, 2021 By Trust F11

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 Employee Stock Option (Right to Buy) Options Exercise $0 -5.21K -34.32% $0.00 9.97K Jun 2, 2021 Common Stock 5.21K $14.31 Direct F1, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These exercises and subsequent sales were made pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on May 8, 2020, as amended on August 7, 2020.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.21 to $165.19, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.405 to $166.165, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.48 to $167.16, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.65 to $168.525, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.325 to $171.23, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.745 to $173.26, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.805 to $174.47, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.91 to $175.90, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.98 to $176.355, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F11 These shares are held by The Michael T. Fisher 2020 Irrevocable Trust (the "Trust") for the benefit of the Reporting Person's spouse. The Reporting Person's spouse is the trustee of the Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F12 The shares underlying the option exercised in this transaction were fully vested and exercisable. The remainder of the shares underlying the option shall continue to vest and become exercisable ratably on a monthly basis on the first day of each month through August 1, 2021, subject to the Reporting Person's continued service with the Issuer through each such date.