Michael T. Fisher - Nov 7, 2022 Form 4 Insider Report for ETSY INC (ETSY)

Role
Chief Technology Officer
Signature
/s/ Brittany Keen, as Attorney-In-Fact for Michael T. Fisher
Stock symbol
ETSY
Transactions as of
Nov 7, 2022
Transactions value $
-$1,473,739
Form type
4
Date filed
11/9/2022, 04:27 PM
Previous 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 $739K +10.6K +65.68% $69.89 26.7K Nov 7, 2022 Direct
transaction ETSY Common Stock Options Exercise $768K +18.4K +69.12% $41.65 45.1K Nov 7, 2022 Direct
transaction ETSY Common Stock Sale -$2.98M -30.4K -67.35% $98.10 14.7K Nov 7, 2022 Direct F1

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 -10.6K -66.66% $0.00 5.29K Nov 7, 2022 Common Stock 10.6K $69.89 Direct F2
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -18.4K -40% $0.00 27.7K Nov 7, 2022 Common Stock 18.4K $41.65 Direct F3
* 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 $98.00 to $98.52, 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.
F2 The shares underlying the option exercised in this transaction were fully vested and exercisable. The stock option vests in 8 equal semi-annual installments, beginning on October 1, 2019, provided the Reporting Person remains continuously employed on each vesting date.
F3 The shares underlying the option exercised in this transaction were fully vested and exercisable. The stock option vests in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date.