Michael T. Fisher - Apr 1, 2022 Form 4 Insider Report for ETSY INC (ETSY)

Signature
/s/ Jennifer Card, as Attorney-In-Fact for Michael T. Fisher
Stock symbol
ETSY
Transactions as of
Apr 1, 2022
Transactions value $
-$552,668
Form type
4
Date filed
4/5/2022, 05:40 PM
Previous filing
Mar 17, 2022
Next filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $0 +9.37K +214.89% $0.00 13.7K Apr 1, 2022 Direct F1
transaction ETSY Common Stock Tax liability -$553K -4.35K -31.7% $127.05 9.37K Apr 1, 2022 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 Restricted Stock Units Options Exercise $0 -2.53K -33.32% $0.00 5.06K Apr 1, 2022 Common Stock 2.53K Direct F3, F4
transaction ETSY Restricted Stock Units Options Exercise $0 -5.4K -20% $0.00 21.6K Apr 1, 2022 Common Stock 5.4K Direct F3, F5
transaction ETSY Restricted Stock Units Options Exercise $0 -1.44K -14.28% $0.00 8.61K Apr 1, 2022 Common Stock 1.44K Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock acquired upon the vesting of restricted stock units.
F2 This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units.
F3 Represents restricted stock units which correspond 1-for-1 with common stock.
F4 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2019, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F5 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F6 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.