Ryan Scott - Jan 1, 2023 Form 4 Insider Report for ETSY INC (ETSY)

Signature
/s/ Brittany Keen, as Attorney-in-Fact for Ryan Scott
Stock symbol
ETSY
Transactions as of
Jan 1, 2023
Transactions value $
-$229,216
Form type
4
Date filed
1/4/2023, 03:56 PM
Previous filing
Dec 5, 2022
Next filing
Feb 3, 2023

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 Jan 1, 2023 Direct F1
transaction ETSY Common Stock Tax liability -$92.4K -771 -39.72% $119.78 1.17K Jan 1, 2023 Direct F2
transaction ETSY Common Stock Sale -$13.5K -118 -10.09% $114.77 1.05K Jan 4, 2023 Direct F3, F4
transaction ETSY Common Stock Sale -$32K -276 -26.24% $115.93 776 Jan 4, 2023 Direct F3, F5
transaction ETSY Common Stock Sale -$55.3K -472 -60.82% $117.10 304 Jan 4, 2023 Direct F3, F6
transaction ETSY Common Stock Sale -$36.1K -304 -100% $118.60 0 Jan 4, 2023 Direct F3, F7

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 -50% $0.00 1.94K Jan 1, 2023 Common Stock 1.94K Direct F8, F9
* 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 These sales were 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 $114.28 to $115.27, 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 $115.515 to $116.495, 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 $116.61 to $117.48, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.355 to $118.89, 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.
F8 Represents restricted stock units which correspond 1-for-1 with common stock.
F9 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.