RYAN M. SCOTT - 01 Oct 2022 Form 4 Insider Report for ETSY INC (ETSY)

Role
Chief Marketing Officer
Signature
/s/ Brittany Keen, as Attorney-in-Fact for Ryan Scott
Issuer symbol
ETSY
Transactions as of
01 Oct 2022
Net transactions value
-$1,138,954
Form type
4
Filing time
04 Oct 2022, 17:55:41 UTC
Previous filing
25 Jul 2022
Next filing
05 Dec 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 $0 +8,523 $0.000000 8,523 01 Oct 2022 Direct F1
transaction ETSY Common Stock Tax liability $435,866 -4,353 -51% $100.13 4,170 01 Oct 2022 Direct F2
transaction ETSY Common Stock Options Exercise $255,981 +6,146 +147% $41.65 10,316 03 Oct 2022 Direct F3
transaction ETSY Common Stock Sale $639,184 -6,146 -60% $104.00 4,170 03 Oct 2022 Direct F3
transaction ETSY Common Stock Sale $61,270 -568 -14% $107.87 3,602 04 Oct 2022 Direct F3, F4
transaction ETSY Common Stock Sale $181,367 -1,663 -46% $109.06 1,939 04 Oct 2022 Direct F3, F5
transaction ETSY Common Stock Sale $77,248 -702 -36% $110.04 1,237 04 Oct 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 -3,601 -25% $0.000000 10,805 01 Oct 2022 Common Stock 3,601 Direct F7, F8
transaction ETSY Restricted Stock Units Options Exercise $0 -1,148 -17% $0.000000 5,742 01 Oct 2022 Common Stock 1,148 Direct F7, F9
transaction ETSY Restricted Stock Units Options Exercise $0 -3,774 -12% $0.000000 26,422 01 Oct 2022 Common Stock 3,774 Direct F7, F10
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -6,146 -25% $0.000000 18,439 03 Oct 2022 Common Stock 6,146 $41.65 Direct F3, F11
* 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 This exercise and subsequent sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 8, 2020, as amended March 18, 2021.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.52 to $108.43, 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 $108.56 to $109.52, 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 $109.58 to $110.32, 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 Represents restricted stock units which correspond 1-for-1 with common stock.
F8 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.
F9 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.
F10 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2022, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F11 The stock options are exercisable in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date.