Merilee Buckley - 01 Apr 2023 Form 4 Insider Report for ETSY INC (ETSY)

Role: Chief Accounting Officer
Signature: /s/ Brittany Keen, as Attorney-in-Fact for Merilee Buckley
Issuer symbol: ETSY
Transactions as of: 01 Apr 2023
Net transactions value: -$83,275
Form type: 4
Filing time: 04 Apr 2023, 17:20:59 UTC
Previous filing: 17 Mar 2023
Next filing: 03 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ETSY	Common Stock	Options Exercise	$0	+2,078	+139%	$0.000000	3,575	01 Apr 2023	Direct	F1
transaction	ETSY	Common Stock	Tax liability	$83,275	-748	-21%	$111.33	2,827	01 Apr 2023	Direct	F2

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	-304	-100%	$0.000000^*	0	01 Apr 2023	Common Stock	304		Direct	F3, F4
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-720	-33%	$0.000000	1,441	01 Apr 2023	Common Stock	720		Direct	F3, F5
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-155	-20%	$0.000000	620	01 Apr 2023	Common Stock	155		Direct	F3, F6
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-899	-14%	$0.000000	5,392	01 Apr 2023	Common Stock	899		Direct	F3, F7

* 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	This transaction reported 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	Represents restricted stock units which correspond 1-for-1 with common stock.
F4	The restricted stock units vested in full on April 1, 2023.
F5	The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F6	The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F7	The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2022, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.