RAINA MOSKOWITZ - 12 Nov 2021 Form 4 Insider Report for ETSY INC (ETSY)

Role: Chief Ops,Strategy&Ppl Officer
Signature: /s/ Brittany Keen, as Attorney-in-Fact for Raina Moskowitz
Issuer symbol: ETSY
Transactions as of: 12 Nov 2021
Net transactions value: -$1,958,980
Form type: 4
Filing time: 16 Nov 2021, 17:00:59 UTC
Previous filing: 09 Nov 2021
Next filing: 04 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ETSY	Common Stock	Options Exercise	$419,340	+6,000	+44%	$69.89	19,621	12 Nov 2021	Direct
transaction	ETSY	Common Stock	Sale	$1,611,540	-6,000	-31%	$268.59	13,621	12 Nov 2021	Direct	F1
transaction	ETSY	Common Stock	Options Exercise	$244,615	+3,500	+26%	$69.89	17,121	16 Nov 2021	Direct
transaction	ETSY	Common Stock	Sale	$1,011,395	-3,500	-20%	$288.97	13,621	16 Nov 2021	Direct	F2

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	-6,000	-19%	$0.000000	25,455	12 Nov 2021	Common Stock	6,000	$69.89	Direct	F3
transaction	ETSY	Employee Stock Option (Right to Buy)	Options Exercise	$0	-3,500	-14%	$0.000000	21,955	16 Nov 2021	Common Stock	3,500	$69.89	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $268.46 to $268.84, 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.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.88 to $289.265, 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 shares underlying the option exercised in this transaction were fully vested and exercisable. The stock options become exercisable in 8 equal semi-annual installments, beginning on October 1, 2019, provided the Reporting Person remains continuously employed on each vesting date.