Ryan Scott - Jul 1, 2022 Form 4 Insider Report for ETSY INC (ETSY)

Signature
/s/ Lynn Horwitz, as Attorney-in-Fact for Ryan Scott
Stock symbol
ETSY
Transactions as of
Jul 1, 2022
Transactions value $
-$99,762
Form type
4
Date filed
7/6/2022, 05:35 PM
Previous filing
Apr 5, 2022
Next filing
Jul 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $0 +1.94K $0.00 1.94K Jul 1, 2022 Direct F1
transaction ETSY Common Stock Tax liability -$79.1K -991 -51.06% $79.81 950 Jul 1, 2022 Direct F2
transaction ETSY Common Stock Sale -$11.4K -132 -13.89% $86.19 818 Jul 6, 2022 Direct F3, F4
transaction ETSY Common Stock Sale -$6.46K -74 -9.05% $87.26 744 Jul 6, 2022 Direct F3, F5
transaction ETSY Common Stock Sale -$2.84K -32 -4.3% $88.62 712 Jul 6, 2022 Direct F3, F6

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 -1.94K -33.33% $0.00 3.88K Jul 1, 2022 Common Stock 1.94K Direct F7, F8
* 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 The reported transaction 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 This sale was made pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on February 28, 2022, as amended May 13, 2022.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.63 to $86.54, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.09 to $87.525, 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 $88.09 to $88.895, 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 Represents restricted stock units which correspond 1-for-1 with common stock.
F8 These restricted stock units are part of a grant that vested as to 25% on July 1, 2020, with the remainder vesting in 6 equal semi-annual installments thereafter, provided the reporting person remains continuously employed through each vesting date. These restricted stock units have no expiration date.