Rachel C. Glaser - 11 Nov 2022 Form 4 Insider Report for ETSY INC (ETSY)

Role: Chief Financial Officer
Signature: /s/ Brittany Keen, as Attorney-in-Fact for Rachel C. Glaser
Issuer symbol: ETSY
Transactions as of: 11 Nov 2022
Net transactions value: -$6,332,486
Form type: 4
Filing time: 15 Nov 2022, 15:50:06 UTC
Previous filing: 25 Oct 2022
Next filing: 23 Jan 2023
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	$387,476	+28,596	+58%	$13.55	77,739	11 Nov 2022	Direct
transaction	ETSY	Common Stock	Options Exercise	$552,814	+19,479	+25%	$28.38	97,218	11 Nov 2022	Direct
transaction	ETSY	Common Stock	Options Exercise	$688,696	+9,854	+10%	$69.89	107,072	11 Nov 2022	Direct
transaction	ETSY	Common Stock	Options Exercise	$711,007	+17,071	+16%	$41.65	124,143	11 Nov 2022	Direct
transaction	ETSY	Common Stock	Sale	$5,306,334	-46,014	-37%	$115.32	78,129	11 Nov 2022	Direct	F1
transaction	ETSY	Common Stock	Sale	$3,366,144	-28,986	-37%	$116.13	49,143	11 Nov 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	Employee Stock Option (Right to Buy)	Options Exercise	$0	-28,596	-40%	$0.000000	43,528	11 Nov 2022	Common Stock	28,596	$13.55	Direct	F3
transaction	ETSY	Employee Stock Option (Right to Buy)	Options Exercise	$0	-19,479	-40%	$0.000000	29,650	11 Nov 2022	Common Stock	19,479	$28.38	Direct	F4
transaction	ETSY	Employee Stock Option (Right to Buy)	Options Exercise	$0	-9,854	-36%	$0.000000	17,247	11 Nov 2022	Common Stock	9,854	$69.89	Direct	F5
transaction	ETSY	Employee Stock Option (Right to Buy)	Options Exercise	$0	-17,071	-23%	$0.000000	56,684	11 Nov 2022	Common Stock	17,071	$41.65	Direct	F6

* 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 $114.77 to $115.76, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.77 to $116.52, 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.
F3	This option is fully vested as of July 1, 2021.
F4	The option vests and becomes exercisable in 8 equal semi-annual installments which began on October 1, 2018, provided the reporting person remains continuously employed on each such vesting date.
F5	The option vests and becomes exercisable in 8 equal semi-annual installments which began on October 1, 2019, provided the reporting person remains continuously employed on each such vesting date.
F6	The option vests and becomes exercisable in 8 equal semi-annual installments which began on October 1, 2020, provided the reporting person remains continuously employed on each such vesting date.