Nicholas Daniel - 17 Jan 2023 Form 4 Insider Report for ETSY INC (ETSY)

Signature
/s/ Brittany Keen, as Attorney-in-Fact for Nicholas Daniel
Issuer symbol
ETSY
Transactions as of
17 Jan 2023
Net transactions value
-$96,565
Form type
4
Filing time
19 Jan 2023, 15:11:06 UTC
Previous filing
09 Dec 2022
Next filing
17 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $6,499 +229 +6.9% $28.38 3,538 17 Jan 2023 Direct F1
transaction ETSY Common Stock Options Exercise $32,112 +771 +22% $41.65 4,309 17 Jan 2023 Direct F1
transaction ETSY Common Stock Sale $85,777 -636 -15% $134.87 3,673 17 Jan 2023 Direct F1, F2
transaction ETSY Common Stock Sale $44,070 -325 -8.8% $135.60 3,348 17 Jan 2023 Direct F1, F3
transaction ETSY Common Stock Sale $5,329 -39 -1.2% $136.63 3,309 17 Jan 2023 Direct F1, F4

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 Stock Option (Right to Buy) Options Exercise $0 -229 -100% $0.000000* 0 17 Jan 2023 Common Stock 229 $28.38 Direct F1, F5
transaction ETSY Stock Option (Right to Buy) Options Exercise $0 -771 -10% $0.000000 6,604 17 Jan 2023 Common Stock 771 $41.65 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This exercise and subsequent sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 8, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $134.28 to $135.27, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135.325 to $136.30, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $136.42 to $136.64, 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 Immediately exercisable.
F6 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.