Raina Moskowitz - Apr 1, 2024 Form 4 Insider Report for ETSY INC (ETSY)

Role
CHIEF OPERATING OFFICER
Signature
/s/ Brittany Keen, Attorney-in-Fact for Raina Moskowitz
Stock symbol
ETSY
Transactions as of
Apr 1, 2024
Transactions value $
-$475,666
Form type
4
Date filed
4/3/2024, 04:55 PM
Previous filing
Mar 19, 2024
Next filing
May 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $0 +16K +56.69% $0.00 44.2K Apr 1, 2024 Direct F1
transaction ETSY Common Stock Tax liability -$476K -7.22K -16.33% $65.90 37K Apr 1, 2024 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 -3.6K -100% $0.00* 0 Apr 1, 2024 Common Stock 3.6K Direct F3, F4
transaction ETSY Restricted Stock Units Options Exercise $0 -1.08K -33.34% $0.00 2.15K Apr 1, 2024 Common Stock 1.08K Direct F3, F5
transaction ETSY Restricted Stock Units Options Exercise $0 -3.78K -20% $0.00 15.1K Apr 1, 2024 Common Stock 3.78K Direct F3, F6
transaction ETSY Restricted Stock Units Options Exercise $0 -4.85K -14.28% $0.00 29.1K Apr 1, 2024 Common Stock 4.85K Direct F3, F7
transaction ETSY Performance Stock Units Options Exercise $0 -1.39K -50% $0.00 1.39K Apr 1, 2024 Common Stock 1.39K Direct F8, F9
transaction ETSY Performance Stock Units Options Exercise $0 -1.3K -50.04% $0.00 1.3K Apr 1, 2024 Common Stock 1.3K Direct F8, F10
* 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.
F8 Represents performance-based restricted stock units which correspond 1-for-1 with common stock.
F9 The earned performance-based restricted stock units vest in equal installments on each of April 1, 2023, 2024 and 2025, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F10 The earned performance-based restricted stock units vest in equal installments on each of April 1, 2024 and April 1, 2025, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.