Kruti Patel - Nov 15, 2021 Form 4 Insider Report for ETSY INC (ETSY)

Role
Chief Product Officer
Signature
/s/ Brittany Keen, as Attorney-in-Fact for Kruti Patel Goyal
Stock symbol
ETSY
Transactions as of
Nov 15, 2021
Transactions value $
-$1,301,959
Form type
4
Date filed
11/16/2021, 05:05 PM
Previous filing
Oct 27, 2021
Next filing
Dec 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $87.4K +3.08K +13.61% $28.38 25.7K Nov 15, 2021 Direct F1, F2
transaction ETSY Common Stock Sale -$82.3K -302 -1.17% $272.55 25.4K Nov 15, 2021 Direct F1, F3
transaction ETSY Common Stock Sale -$154K -564 -2.22% $273.83 24.8K Nov 15, 2021 Direct F1, F4
transaction ETSY Common Stock Sale -$294K -1.07K -4.3% $274.91 23.8K Nov 15, 2021 Direct F1, F5
transaction ETSY Common Stock Sale -$318K -1.15K -4.84% $276.19 22.6K Nov 15, 2021 Direct F1, F6
transaction ETSY Common Stock Sale -$243K -876 -3.87% $277.02 21.7K Nov 15, 2021 Direct F1, F7
transaction ETSY Common Stock Sale -$247K -890 -4.09% $277.98 20.9K Nov 15, 2021 Direct F1, F8
transaction ETSY Common Stock Sale -$50.7K -182 -0.87% $278.82 20.7K Nov 15, 2021 Direct F1, F9
transaction ETSY Common Stock Other $0 +10.7K $0.00 10.7K Aug 9, 2021 By GRAT F10

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 -3.08K -14.41% $0.00 18.3K Nov 15, 2021 Common Stock 3.08K $28.38 Direct F1, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This exercise and subsequent sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 10, 2021.
F2 Does not include 10,692 shares contributed by the Reporting Person to a grantor retained annuity trust ("GRAT") on August 9, 2021. See footnote 10.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $272.39 to $273.33, 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 $273.45 to $274.44, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.46 to $275.45, 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 $275.60 to $276.59, 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 $276.60 to $277.54, 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 $277.71 to $278.39, 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 $278.73 to $279.01, 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, 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.
F11 The shares underlying the option exercised in this transaction were fully vested and exercisable. The originally granted options are exercisable in 8 equal semi-annual installments beginning on October 1, 2018, provided the Reporting Person remains continuously employed on each vesting date.