Rachel C. Glaser - 01 Oct 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
Issuer symbol
ETSY
Transactions as of
01 Oct 2023
Net transactions value
-$634,176
Form type
4
Filing time
03 Oct 2023, 16:15:36 UTC
Previous filing
31 Jul 2023
Next filing
30 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 +17,754 +31% $0.000000 74,161 01 Oct 2023 Direct F1
transaction ETSY Common Stock Tax liability $634,176 -9,820 -13% $64.58 64,341 01 Oct 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 -5,402 -50% $0.000000 5,403 01 Oct 2023 Common Stock 5,402 Direct F3, F4
transaction ETSY Restricted Stock Units Options Exercise $0 -1,435 -25% $0.000000 4,307 01 Oct 2023 Common Stock 1,435 Direct F3, F5
transaction ETSY Restricted Stock Units Options Exercise $0 -5,032 -17% $0.000000 25,164 01 Oct 2023 Common Stock 5,032 Direct F3, F6
transaction ETSY Restricted Stock Units Options Exercise $0 -5,885 -12% $0.000000 41,195 01 Oct 2023 Common Stock 5,885 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