Rachana Kumar - 01 Jan 2023 Form 3 Insider Report for ETSY INC (ETSY)

Role
Chief Technology Officer
Signature
/s/ Brittany Keen, Attorney-in-Fact for Rachana Kumar
Issuer symbol
ETSY
Transactions as of
01 Jan 2023
Net transactions value
$0
Form type
3
Filing time
06 Jan 2023, 15:31:10 UTC
Next filing
03 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ETSY Common Stock 8,349 01 Jan 2023 Direct

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
holding ETSY Stock Option (Right to Buy) 01 Jan 2023 Common Stock 22,126 $41.65 Direct F1
holding ETSY Stock Option (Right to Buy) 01 Jan 2023 Common Stock 5,224 $223.23 Direct F2
holding ETSY Restricted Stock Units 01 Jan 2023 Common Stock 500 Direct F3, F4
holding ETSY Restricted Stock Units 01 Jan 2023 Common Stock 4,862 Direct F3, F5
holding ETSY Restricted Stock Units 01 Jan 2023 Common Stock 2,154 Direct F3, F6
holding ETSY Restricted Stock Units 01 Jan 2023 Common Stock 11,009 Direct F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares underlying the stock option vest in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F2 The shares underlying the stock option vest in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F3 Represents restricted stock units ("RSUs"). Each RSU corresponds 1-for-1 with common stock. The Reporting Person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Etsy, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation.
F4 The RSUs vest in full on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on such vesting date.
F5 The RSUs vest in 3 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F6 The RSUs vest in 5 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F7 The RSUs vest in 7 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney