Nicholas Daniel - 28 Feb 2023 Form 4 Insider Report for ETSY INC (ETSY)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
02 Mar 2023, 15:33:18 UTC
Prior SEC filing
17 Feb 2023
Next SEC filing
17 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Brittany Keen, as Attorney-in-Fact for Nicholas Daniel

Key filing fact

Nicholas Daniel filed Form 4 for ETSY INC (ETSY) on 02 Mar 2023.

Key facts

  • This page summarizes Nicholas Daniel's Form 4 filing for ETSY INC (ETSY).
  • 1 reported transaction and 1 derivative row are listed below.
  • Accepted by SEC: 02 Mar 2023, 15:33.

Change

  • Previous filing in this sequence was filed on 17 Feb 2023.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ETSY transaction Derivative

Performance Stock Unit

Award

Transaction value
$0
Shares
+1,762
Change %
Price
$0.000000
Shares after
1,762
Date
28 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,762
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

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.

Footnote F2

Units correspond 1-for-1 with common stock.

Footnote F3

Represents the number of shares earned under a performance-based restricted stock unit award (the "PSU") based on the Issuer's satisfaction of certain performance criteria of the award. In light of the performance-based vesting conditions of the award, such shares were not reportable under Section 16 until performance conditions were certified by the Compensation Committee as achieved (which occurred on February 28, 2023). The earned shares will vest as to 1/3 of the earned shares on each of April 1, 2023, 2024 and 2025 and have no expiration date. In addition, the PSUs being reported herein represent one-third of the total number of shares subject to the performance award. The remaining shares subject to the performance award will vest only upon the satisfaction of additional performance vesting criteria. Each PSU represents the contingent right to receive one share of common stock of the Issuer.

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