RYAN M. SCOTT - 01 Jul 2023 Form 4 Insider Report for ETSY INC (ETSY)

Role: Chief Marketing Officer
Signature: /s/ Brittany Keen, as Attorney-in-Fact for Ryan Scott
Issuer symbol: ETSY
Transactions as of: 01 Jul 2023
Net transactions value: -$83,849
Form type: 4
Filing time: 05 Jul 2023, 16:31:51 UTC
Previous filing: 04 Apr 2023
Next filing: 07 Jul 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	+1,941	+115%	$0.000000	3,635	01 Jul 2023	Direct
transaction	ETSY	Common Stock	Tax liability	$83,849	-991	-27%	$84.61	2,644	01 Jul 2023	Direct	F1

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	-1,941	-100%	$0.000000^*	0	01 Jul 2023	Common Stock	1,941		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Represents restricted stock units which correspond 1-for-1 with common stock.
F3	These restricted stock units are part of a grant that vested as to 25% on July 1, 2020, with the remainder vesting in 6 equal semi-annual installments thereafter, provided the reporting person remains continuously employed through each vesting date. These restricted stock units have no expiration date.