Jill Simeone - 15 Nov 2021 Form 4 Insider Report for ETSY INC (ETSY)

Role: Chief Legal Officer
Signature: /s/ Brittany Keen, as Attorney-in-Fact for Jill Simeone
Issuer symbol: ETSY
Transactions as of: 15 Nov 2021
Net transactions value: -$1,233,850
Form type: 4
Filing time: 16 Nov 2021, 17:03:29 UTC
Previous filing: 09 Nov 2021
Next filing: 17 Mar 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	$141,900	+5,000	+46%	$28.38	15,866	15 Nov 2021	Direct
transaction	ETSY	Common Stock	Sale	$1,375,750	-5,000	-32%	$275.15	10,866	15 Nov 2021	Direct	F1

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	Stock Option (Right to Buy)	Options Exercise	$0	-5,000	-23%	$0.000000	17,053	15 Nov 2021	Common Stock	5,000	$28.38	Direct	F2

* 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 $275.00 to $275.575, 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.
F2	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, 2018, provided the Reporting Person remains continuously employed on each vesting date.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.00 to $275.575, 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.

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, 2018, provided the Reporting Person remains continuously employed on each vesting date.