Josh Silverman - Jul 1, 2024 Form 4 Insider Report for ETSY INC (ETSY)

Role: PRESIDENT & CEO, Director
Signature: /s/ Brittany Keen, Attorney-in-Fact
Stock symbol: ETSY
Transactions as of: Jul 1, 2024
Transactions value $: -$230,263
Form type: 4
Date filed: 7/3/2024, 04:30 PM
Previous filing: Jun 14, 2024
Next filing: Oct 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ETSY	Common Stock	Options Exercise	$0	+7.3K	+14.65%	$0.00	57.1K	Jul 1, 2024	Direct	F1
transaction	ETSY	Common Stock	Tax liability	-$230K	-4.04K	-7.07%	$57.01	53.1K	Jul 1, 2024	Direct	F2
holding	ETSY	Common Stock						4.94K	Jul 1, 2024	By GST Trust	F3
holding	ETSY	Common Stock						16.9K	Jul 1, 2024	By Non-GST Trust	F4
holding	ETSY	Common Stock						42.3K	Jul 1, 2024	By Irrevocable Trust
holding	ETSY	Common Stock						100K	Jul 1, 2024	By GRAT	F5

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	-7.3K	-6.25%	$0.00	110K	Jul 1, 2024	Common Stock	7.3K		Direct	F6, 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 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.
F3	These shares are held by the JGS 2018 Irrevocable GST Trust (the "GST Trust"). The Reporting Person's spouse is the trustee of the GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F4	These shares are held by the JGS 2018 Irrevocable Non-GST Trust (the "Non-GST Trust"). The Reporting Person's spouse is the trustee of the Non-GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F5	These shares are held by a grantor retained annuity trust (the "GRAT"). The Reporting Person is the trustee and the beneficiary of the GRAT.
F6	Represents restricted stock units which correspond 1-for-1 with common stock.
F7	The restricted stock units vest in 16 equal quarterly installments, beginning on July 1, 2024, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.