Michael T. Fisher - Nov 5, 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
Nov 5, 2021
Transactions value $
-$9,290,444
Form type
4
Date filed
11/9/2021, 04:22 PM
Previous filing
Dec 17, 2021
Next filing
Jan 5, 2022

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 +60.45% $14.31 13.8K Nov 5, 2021 Direct F1
transaction ETSY Common Stock Options Exercise $370K +5.29K +38.25% $69.89 19.1K Nov 5, 2021 Direct
transaction ETSY Common Stock Options Exercise $384K +9.22K +48.24% $41.65 28.3K Nov 5, 2021 Direct
transaction ETSY Common Stock Options Exercise $364K +1.63K +5.76% $223.23 30K Nov 5, 2021 Direct
transaction ETSY Common Stock Sale -$622K -2.42K -8.06% $257.45 27.6K Nov 5, 2021 Direct F2
transaction ETSY Common Stock Sale -$966K -3.74K -13.57% $258.34 23.8K Nov 5, 2021 Direct F3
transaction ETSY Common Stock Sale -$886K -3.41K -14.31% $259.86 20.4K Nov 5, 2021 Direct F4
transaction ETSY Common Stock Sale -$236K -904 -4.43% $260.67 19.5K Nov 5, 2021 Direct F5
transaction ETSY Common Stock Sale -$2.61M -9.95K -51.02% $261.98 9.55K Nov 5, 2021 Direct F6
transaction ETSY Common Stock Sale -$172K -655 -6.86% $263.34 8.9K Nov 5, 2021 Direct F7
transaction ETSY Common Stock Sale -$73.7K -279 -3.14% $264.04 8.62K Nov 5, 2021 Direct F8
transaction ETSY Common Stock Sale -$178K -692 -9.07% $257.41 6.94K Nov 5, 2021 By Trust F9, F10
transaction ETSY Common Stock Sale -$77.5K -300 -4.32% $258.24 6.64K Nov 5, 2021 By Trust F10, F11
transaction ETSY Common Stock Sale -$312K -1.2K -18.07% $259.82 5.44K Nov 5, 2021 By Trust F10, F12
transaction ETSY Common Stock Sale -$183K -700 -12.87% $260.78 4.74K Nov 5, 2021 By Trust F10, F13
transaction ETSY Common Stock Sale -$1.11M -4.23K -89.28% $261.96 508 Nov 5, 2021 By Trust F10, F14
transaction ETSY Common Stock Sale -$105K -400 -78.74% $263.21 108 Nov 5, 2021 By Trust F10, F15
transaction ETSY Common Stock Sale -$28.6K -108 -100% $264.99 0 Nov 5, 2021 By Trust F10
transaction ETSY Common Stock Other $0 +11.2K $0.00 11.2K Aug 9, 2021 By GRAT F16
transaction ETSY Common Stock Sale -$377K -1.46K -13.02% $257.78 9.76K Nov 5, 2021 By GRAT F16, F17
transaction ETSY Common Stock Sale -$129K -500 -5.12% $258.98 9.26K Nov 5, 2021 By GRAT F16, F18
transaction ETSY Common Stock Sale -$572K -2.2K -23.76% $260.01 7.06K Nov 5, 2021 By GRAT F16, F19
transaction ETSY Common Stock Sale -$107K -410 -5.81% $260.95 6.65K Nov 5, 2021 By GRAT F16, F20
transaction ETSY Common Stock Sale -$1.48M -5.65K -84.96% $261.98 1K Nov 5, 2021 By GRAT F5, F16
transaction ETSY Common Stock Sale -$211K -800 -80% $263.17 200 Nov 5, 2021 By GRAT F16, F21
transaction ETSY Common Stock Sale -$52.8K -200 -100% $264.10 0 Nov 5, 2021 By GRAT F16, F22

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 -100% $0.00* 0 Nov 5, 2021 Common Stock 5.21K $14.31 Direct F23
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -5.29K -25% $0.00 15.9K Nov 5, 2021 Common Stock 5.29K $69.89 Direct F24
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -9.22K -16.67% $0.00 46.1K Nov 5, 2021 Common Stock 9.22K $41.65 Direct F25
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -1.63K -12.5% $0.00 11.4K Nov 5, 2021 Common Stock 1.63K $223.23 Direct F26
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Does not include 11,221 shares contributed by the Reporting Person to a grantor retained annuity trust ("GRAT") on August 9, 2021. See footnote 16.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $256.90 to $257.88, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.90 to $258.70, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $259.35 to $260.22, 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 $260.43 to $261.21, 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 $261.61 to $262.575, 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 $262.93 to $263.92, 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 $264.03 to $264.11, 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 $256.89 to $257.85, 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 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.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $258.00 to $258.44, 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.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $259.35 to $260.30, 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.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.39 to $261.38, 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.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.43 to $261.99, 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.
F15 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.95 to $263.51, 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.
F16 These shares, which were previously reported as held directly, were contributed by the Reporting Person to the GRAT on August 9, 2021. The Reporting Person is the sole trustee of the GRAT.
F17 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.38 to $258.30, 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.
F18 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $258.44 to $259.40, 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.
F19 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $259.50 to $260.49, 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.
F20 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.52 to $261.22, 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.
F21 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.92 to $263.90, 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 range set forth in this footnote.
F22 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $264.06 to $264.13, 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 range set forth in this footnote.
F23 The shares underlying the option exercised in this transaction were fully vested and exercisable. The shares underlying the option continued 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 such date.
F24 The shares underlying the option exercised in this transaction were fully vested and exercisable. The stock option vests in 8 equal semi-annual installments, beginning on October 1, 2019, provided the Reporting Person remains continuously employed on each vesting date.
F25 The shares underlying the option exercised in this transaction were fully vested and exercisable. The stock option vests in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date.
F26 The shares underlying the option exercised in this transaction were fully vested and exercisable. The stock option vests in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed on each vesting date.