Merilee Buckley - Jul 1, 2021 Form 4 Insider Report for ETSY INC (ETSY)

Signature
/s/ Brittany Keen, as Attorney-in-Fact for Merilee Buckley
Stock symbol
ETSY
Transactions as of
Jul 1, 2021
Transactions value $
-$395,777
Form type
4
Date filed
7/6/2021, 06:55 PM
Previous filing
Jun 30, 2021
Next filing
Aug 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $0 +1.17K $0.00 1.17K Jul 1, 2021 Direct F1
transaction ETSY Common Stock Tax liability -$118K -589 -50.51% $199.51 577 Jul 1, 2021 Direct F2
transaction ETSY Common Stock Options Exercise $17.4K +907 +157.19% $19.16 1.48K Jul 1, 2021 Direct F3
transaction ETSY Common Stock Sale -$127K -636 -42.86% $200.00 848 Jul 1, 2021 Direct F3
transaction ETSY Common Stock Sale -$30.3K -150 -17.69% $202.12 698 Jul 1, 2021 Direct F3, F4
transaction ETSY Common Stock Sale -$8.77K -43 -6.16% $203.88 655 Jul 1, 2021 Direct F3, F5
transaction ETSY Common Stock Sale -$15.6K -76 -11.6% $205.27 579 Jul 1, 2021 Direct F3
transaction ETSY Common Stock Sale -$413 -2 -0.35% $206.62 577 Jul 1, 2021 Direct F3
transaction ETSY Common Stock Sale -$10.1K -52 -9.01% $193.68 525 Jul 6, 2021 Direct F3
transaction ETSY Common Stock Sale -$52.1K -266 -50.67% $196.04 259 Jul 6, 2021 Direct F3, F6
transaction ETSY Common Stock Sale -$29.5K -150 -57.92% $196.81 109 Jul 6, 2021 Direct F3, F7
transaction ETSY Common Stock Sale -$21.6K -109 -100% $198.22 0 Jul 6, 2021 Direct F3, F8

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 Restricted Stock Units Options Exercise $0 -1.17K -33.32% $0.00 2.33K Jul 1, 2021 Common Stock 1.17K Direct F9, F10
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -907 -12.49% $0.00 6.36K Jul 1, 2021 Common Stock 907 $19.16 Direct F3, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock acquired upon the vesting of restricted stock units.
F2 This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units.
F3 This exercise and subsequent sales were made pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on March 19, 2021.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $201.79 to $202.44, 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 range 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 $203.65 to $203.895, 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 range 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 $195.55 to $196.54, 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 range 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 $196.69 to $197.39, 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 range 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 $198.05 to $198.38, 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 range set forth in this footnote.
F9 Represents restricted stock units which correspond 1-for-1 with common stock.
F10 25% of the restricted stock units vested on January 1, 2019, with the remainder vesting in 12 equal quarterly installments thereafter provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F11 The shares underlying the option exercised in this transaction were fully vested and exercisable. 25% of the stock options became exercisable on February 1, 2019, with the remainder of the originally granted options exercisable in 36 equal monthly installments thereafter, provided the Reporting Person remains continuously employed on each vesting date.