Rachana Kumar - Apr 1, 2023 Form 4 Insider Report for ETSY INC (ETSY)

Role: Chief Technology Officer
Signature: /s/ Brittany Keen, as Attorney-in-Fact for Rachana Kumar
Stock symbol: ETSY
Transactions as of: Apr 1, 2023
Transactions value $: -$466,361
Form type: 4
Date filed: 4/4/2023, 05:27 PM
Previous filing: Mar 17, 2023
Next filing: Oct 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ETSY	Common Stock	Options Exercise	$0	+8.2K	+122.25%	$0.00	14.9K	Apr 1, 2023	Direct	F1
transaction	ETSY	Common Stock	Tax liability	-$466K	-4.19K	-28.11%	$111.33	10.7K	Apr 1, 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	-500	-100%	$0.00^*	0	Apr 1, 2023	Common Stock	500		Direct	F3, F4
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-1.62K	-33.32%	$0.00	3.24K	Apr 1, 2023	Common Stock	1.62K		Direct	F3, F5
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-431	-20.01%	$0.00	1.72K	Apr 1, 2023	Common Stock	431		Direct	F3, F6
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-1.57K	-14.29%	$0.00	9.44K	Apr 1, 2023	Common Stock	1.57K		Direct	F3, F7
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-4.07K	-12.5%	$0.00	28.5K	Apr 1, 2023	Common Stock	4.07K		Direct	F3, F8

* 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 the 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 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 restricted stock units 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 restricted stock units 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.
F8	The restricted stock units vest in 8 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.