Nicholas Daniel - Oct 1, 2022 Form 4 Insider Report for ETSY INC (ETSY)

Role: Chief Product Officer
Signature: /s/ Brittany Keen, as Attorney-in-Fact for Jill Simeone
Stock symbol: ETSY
Transactions as of: Oct 1, 2022
Transactions value $: -$76,399
Form type: 4
Date filed: 10/4/2022, 06:03 PM
Previous filing: Aug 3, 2022
Next filing: Nov 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ETSY	Common Stock	Options Exercise	$0	+2.74K	+70.54%	$0.00	6.61K	Oct 1, 2022	Direct	F1
transaction	ETSY	Common Stock	Tax liability	-$76.4K	-763	-11.54%	$100.13	5.85K	Oct 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	-506	-50%	$0.00	506	Oct 1, 2022	Common Stock	506		Direct	F3, F4
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-540	-24.99%	$0.00	1.62K	Oct 1, 2022	Common Stock	540		Direct	F3, F5
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-117	-16.64%	$0.00	586	Oct 1, 2022	Common Stock	117		Direct	F3, F6
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-1.57K	-12.5%	$0.00	11K	Oct 1, 2022	Common Stock	1.57K		Direct	F3, F7

* 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 2 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.
F5	The restricted stock units vest in 4 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.
F6	The restricted stock units vest in 6 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.
F7	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.