Nicholas Daniel - Oct 1, 2023 Form 4 Insider Report for ETSY INC (ETSY)

Role
Chief Product Officer
Signature
/s/ Brittany Keen, as Attorney-in-Fact for Nicholas Daniel
Stock symbol
ETSY
Transactions as of
Oct 1, 2023
Transactions value $
-$313,278
Form type
4
Date filed
10/3/2023, 04:14 PM
Previous filing
Jul 25, 2023
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $0 +10.8K +123.91% $0.00 19.5K Oct 1, 2023 Direct F1
transaction ETSY Common Stock Tax liability -$313K -4.85K -24.89% $64.58 14.6K Oct 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 -540 -49.95% $0.00 541 Oct 1, 2023 Common Stock 540 Direct F3, F4
transaction ETSY Restricted Stock Units Options Exercise $0 -117 -24.95% $0.00 352 Oct 1, 2023 Common Stock 117 Direct F3, F5
transaction ETSY Restricted Stock Units Options Exercise $0 -1.57K -16.66% $0.00 7.86K Oct 1, 2023 Common Stock 1.57K Direct F3, F6
transaction ETSY Restricted Stock Units Options Exercise $0 -4.06K -14.29% $0.00 24.3K Oct 1, 2023 Common Stock 4.06K Direct F3, F7
transaction ETSY Restricted Stock Units Options Exercise $0 -4.5K -12.5% $0.00 31.5K Oct 1, 2023 Common Stock 4.5K 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 and performance-based 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 and performance-based restricted stock units.
F3 Represents restricted stock units which correspond 1-for-1 with common stock.
F4 The restricted stock units vest in 4 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.
F5 The restricted stock units vest in 6 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.
F6 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.
F7 The restricted stock units vest in 8 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F8 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.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney