Josh Silverman - 01 Mar 2022 Form 4 Insider Report for ETSY INC (ETSY)

Signature
/s/ Jennifer Card, as Attorney-in-Fact for Josh Silverman
Issuer symbol
ETSY
Transactions as of
01 Mar 2022
Net transactions value
-$11,801,806
Form type
4
Filing time
03 Mar 2022, 17:00:33 UTC
Previous filing
10 Jan 2022
Next filing
17 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $442,854 +41,700 +41% $10.62 143,021 01 Mar 2022 Direct
transaction ETSY Common Stock Sale $901,245 -5,785 -4% $155.79 137,236 01 Mar 2022 Direct F1
transaction ETSY Common Stock Sale $1,400,091 -8,932 -6.5% $156.75 128,304 01 Mar 2022 Direct F2
transaction ETSY Common Stock Sale $1,669,356 -10,589 -8.3% $157.65 117,715 01 Mar 2022 Direct F3
transaction ETSY Common Stock Sale $957,142 -6,030 -5.1% $158.73 111,685 01 Mar 2022 Direct F4
transaction ETSY Common Stock Sale $793,450 -4,969 -4.4% $159.68 106,716 01 Mar 2022 Direct F5
transaction ETSY Common Stock Sale $368,806 -2,294 -2.1% $160.77 104,422 01 Mar 2022 Direct F6
transaction ETSY Common Stock Sale $502,703 -3,101 -3% $162.11 101,321 01 Mar 2022 Direct F7
transaction ETSY Common Stock Options Exercise $406,746 +38,300 +38% $10.62 139,621 03 Mar 2022 Direct
transaction ETSY Common Stock Sale $754,931 -4,814 -3.4% $156.82 134,807 03 Mar 2022 Direct F8
transaction ETSY Common Stock Sale $2,829,576 -17,928 -13% $157.83 116,879 03 Mar 2022 Direct F9
transaction ETSY Common Stock Sale $1,696,872 -10,693 -9.1% $158.69 106,186 03 Mar 2022 Direct F10
transaction ETSY Common Stock Sale $777,232 -4,865 -4.6% $159.76 101,321 03 Mar 2022 Direct F11
holding ETSY Common Stock 4,942 01 Mar 2022 By GST Trust F12
holding ETSY Common Stock 16,886 01 Mar 2022 By Non-GST Trust F13
holding ETSY Common Stock 42,269 01 Mar 2022 By Irrevocable Trust

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 -41,700 -1.6% $0.000000 2,543,800 01 Mar 2022 Common Stock 41,700 $10.62 Direct F14
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -38,300 -1.5% $0.000000 2,505,500 03 Mar 2022 Common Stock 38,300 $10.62 Direct F14
* 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 $155.20 to $156.185, 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 $156.20 to $157.10, 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 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 $157.215 to $158.15, 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 $158.23 to $159.20 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 $159.23 to $160.13, 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $160.36 to $161.32, 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 $161.61 to $162.59, 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.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $156.275 to $157.27, 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 $157.29 to $158.27, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $158.315 to $159.31, 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.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $159.33 to $160.255, 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 These shares are held by the JGS 2018 Irrevocable GST Trust (the "GST Trust"). The Reporting Person's spouse is the trustee of the GST 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.
F13 These shares are held by the JGS 2018 Irrevocable Non-GST Trust (the "Non-GST Trust"). The Reporting Person's spouse is the trustee of the Non-GST 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.
F14 The shares underlying the option exercised in this transaction were fully vested and exercisable. 25% of the stock options became exercisable on May 4, 2018, with the remainder of the originally granted options exercisable in 36 equal monthly installments beginning on June 4, 2018.