Nicholas Daniel - 15 Mar 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
17 Mar 2023, 16:51:24 UTC
Prior SEC filing
02 Mar 2023
Next SEC filing
04 Apr 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 17 Mar 2023.

Key facts

  • This page summarizes Nicholas Daniel's Form 4 filing for ETSY INC (ETSY).
  • 6 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 17 Mar 2023, 16:51.

Change

  • Previous filing in this sequence was filed on 02 Mar 2023.
  • Current net transaction value: -$61,797.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ETSY transaction

Common Stock

Options Exercise

Transaction value
$41,650
Shares
+1,000
Change %
+30%
Price
$41.65
Shares after
4,309
Date
15 Mar 2023
Ownership
Direct
Footnotes
F1
ETSY transaction

Common Stock

Sale

Transaction value
$18,283
Shares
-179
Change %
-4.2%
Price
$102.14
Shares after
4,130
Date
15 Mar 2023
Ownership
Direct
Footnotes
F1, F2
ETSY transaction

Common Stock

Sale

Transaction value
$36,956
Shares
-358
Change %
-8.7%
Price
$103.23
Shares after
3,772
Date
15 Mar 2023
Ownership
Direct
Footnotes
F1, F3
ETSY transaction

Common Stock

Sale

Transaction value
$48,208
Shares
-463
Change %
-12%
Price
$104.12
Shares after
3,309
Date
15 Mar 2023
Ownership
Direct
Footnotes
F1, F4

Reported derivative securities

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

ETSY transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+36,002
Change %
Price
$0.000000
Shares after
36,002
Date
15 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
36,002
Exercise price
Footnotes
F5, F6, F7
ETSY transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-1,000
Change %
-18%
Price
$0.000000
Shares after
4,604
Date
15 Mar 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,000
Exercise price
$41.65
Footnotes
F1, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote 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.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.73 to $102.29, 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.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.78 to $103.71, 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.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.89 to $104.69, 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.

Footnote F5

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 F6

Units correspond 1-for-1 with common stock.

Footnote F7

The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2023, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date.

Footnote F8

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.

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