Rachel Glaser - Jul 1, 2021 Form 4 Insider Report for ETSY INC (ETSY)

Signature
/s/ Brittany Keen, as Attorney-in-Fact for Rachel C. Glaser
Stock symbol
ETSY
Transactions as of
Jul 1, 2021
Transactions value $
-$3,111,585
Form type
4
Date filed
7/6/2021, 07:04 PM
Next filing
Jul 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $0 +5.5K +19.01% $0.00 34.4K Jul 1, 2021 Direct F1
transaction ETSY Common Stock Tax liability -$584K -2.93K -8.5% $199.51 31.5K Jul 1, 2021 Direct F2
transaction ETSY Common Stock Options Exercise $183K +13.5K +42.85% $13.55 45K Jul 1, 2021 Direct F3
transaction ETSY Common Stock Sale -$625K -3.14K -6.97% $199.02 41.9K Jul 1, 2021 Direct F3, F4
transaction ETSY Common Stock Sale -$1.27M -6.36K -15.18% $199.91 35.5K Jul 1, 2021 Direct F3, F5
transaction ETSY Common Stock Sale -$33.9K -169 -0.48% $200.58 35.3K Jul 1, 2021 Direct F3
transaction ETSY Common Stock Sale -$291K -1.44K -4.06% $202.30 33.9K Jul 1, 2021 Direct F3, F6
transaction ETSY Common Stock Sale -$313K -1.54K -4.54% $203.34 32.4K Jul 1, 2021 Direct F3, F7
transaction ETSY Common Stock Sale -$93.9K -457 -1.41% $205.37 31.9K Jul 1, 2021 Direct F3, F8
transaction ETSY Common Stock Sale -$54.1K -261 -0.82% $207.26 31.7K Jul 1, 2021 Direct F3, F9
transaction ETSY Common Stock Sale -$29.7K -143 -0.45% $207.68 31.5K Jul 1, 2021 Direct F3

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 -5.5K -100% $0.00* 0 Jul 1, 2021 Common Stock 5.5K Direct F10, F11
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -13.5K -11.99% $0.00 99.1K Jul 1, 2021 Common Stock 13.5K $13.55 Direct F3, F12
* 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 2, 2021.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.49 to $199.445, 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 $199.495 to $200.145, 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 $201.85 to $202.81, 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 $202.865 to $203.76, 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 $204.80 to $205.67, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $206.595 to $207.565, 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.
F10 Represents restricted stock units which correspond 1-for-1 with common stock.
F11 25% of the restricted stock units vested on July 1, 2018, 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.
F12 This option is fully vested and exercisable as of July 1, 2021, subject to the Reporting Person's continued service with the Issuer through each such date.