Rachel Glaser - Oct 1, 2023 Form 4 Insider Report for ETSY INC (ETSY)

Role
Chief Financial Officer
Signature
/s/ Brittany Keen, as Attorney-in-Fact for Rachel C. Glaser
Stock symbol
ETSY
Transactions as of
Oct 1, 2023
Transactions value $
-$634,176
Form type
4
Date filed
10/3/2023, 04:15 PM
Previous filing
Jul 31, 2023
Next filing
Oct 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $0 +17.8K +31.47% $0.00 74.2K Oct 1, 2023 Direct F1
transaction ETSY Common Stock Tax liability -$634K -9.82K -13.24% $64.58 64.3K 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 -5.4K -50% $0.00 5.4K Oct 1, 2023 Common Stock 5.4K Direct F3, F4
transaction ETSY Restricted Stock Units Options Exercise $0 -1.44K -24.99% $0.00 4.31K Oct 1, 2023 Common Stock 1.44K Direct F3, F5
transaction ETSY Restricted Stock Units Options Exercise $0 -5.03K -16.66% $0.00 25.2K Oct 1, 2023 Common Stock 5.03K Direct F3, F6
transaction ETSY Restricted Stock Units Options Exercise $0 -5.89K -12.5% $0.00 41.2K Oct 1, 2023 Common Stock 5.89K 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 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 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.
F5 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.
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 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