Merilee Buckley - 01 Oct 2021 Form 4 Insider Report for ETSY INC (ETSY)

Signature
/s/ Brigitte Eichner, as Attorney-in-Fact for Merilee Buckley
Issuer symbol
ETSY
Transactions as of
01 Oct 2021
Net transactions value
-$628,157
Form type
4
Filing time
05 Oct 2021, 19:00:59 UTC
Previous filing
02 Sep 2021
Next filing
02 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $0 +2,344 $0.000000 2,344 01 Oct 2021 Direct F1
transaction ETSY Common Stock Tax liability $254,849 -1,247 -53% $204.37 1,097 01 Oct 2021 Direct F2
transaction ETSY Common Stock Options Exercise $17,397 +908 +83% $19.16 2,005 01 Oct 2021 Direct F3
transaction ETSY Common Stock Sale $148,800 -744 -37% $200.00 1,261 01 Oct 2021 Direct F3
transaction ETSY Common Stock Sale $15,703 -78 -6.2% $201.32 1,183 01 Oct 2021 Direct F3
transaction ETSY Common Stock Sale $17,186 -84 -7.1% $204.59 1,099 01 Oct 2021 Direct F3
transaction ETSY Common Stock Sale $413 -2 -0.18% $206.50 1,097 01 Oct 2021 Direct F3
transaction ETSY Common Stock Sale $17,091 -85 -7.7% $201.07 1,012 05 Oct 2021 Direct F3, F4
transaction ETSY Common Stock Sale $59,406 -293 -29% $202.75 719 05 Oct 2021 Direct F3, F5
transaction ETSY Common Stock Sale $103,856 -509 -71% $204.04 210 05 Oct 2021 Direct F3, F6
transaction ETSY Common Stock Sale $28,250 -138 -66% $204.71 72 05 Oct 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 -720 -17% $0.000000 3,602 01 Oct 2021 Common Stock 720 Direct F7, F8
transaction ETSY Restricted Stock Units Options Exercise $0 -303 -25% $0.000000 911 01 Oct 2021 Common Stock 303 Direct F7, F9
transaction ETSY Restricted Stock Units Options Exercise $0 -1,166 -50% $0.000000 1,167 01 Oct 2021 Common Stock 1,166 Direct F7, F10
transaction ETSY Restricted Stock Units Options Exercise $0 -155 -12% $0.000000 1,085 01 Oct 2021 Common Stock 155 Direct F7, F11
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -908 -20% $0.000000 3,631 01 Oct 2021 Common Stock 908 $19.16 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 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 $200.24 to $201.10, 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 $202.22 to $203.13,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 $203.52 to $204.445, 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 ranges set forth in this footnote.
F7 Represents restricted stock units which correspond 1-for-1 with common stock.
F8 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F9 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2019, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
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 restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F12 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.