Toni Thompson Nadal - 01 Aug 2024 Form 4 Insider Report for ETSY INC (ETSY)

Signature
/s/ Brittany Keen, Attorney-in-Fact for Toni Thompson Nadal
Issuer symbol
ETSY
Transactions as of
01 Aug 2024
Net transactions value
-$100,888
Form type
4
Filing time
05 Aug 2024, 16:15:20 UTC
Previous filing
12 Jun 2024
Next filing
07 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $0 +4,650 +785% $0.000000 5,242 01 Aug 2024 Direct F1
transaction ETSY Common Stock Tax liability $100,888 -1,677 -32% $60.16 3,565 01 Aug 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 -4,650 -12% $0.000000 32,554 01 Aug 2024 Common Stock 4,650 Direct F3, F4, F5
* 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.
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 The Reporting Person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Etsy, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation.
F4 Represents restricted stock units which correspond 1-for-1 with common stock.
F5 The restricted stock units vest in 8 equal semi-annual installments, beginning on August 1, 2024, provided the Reporting Person remains continuously employed on each vesting date.