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

Role: CHIEF HUMAN RESOURCES OFFICER
Signature: /s/ Brittany Keen, Attorney-in-Fact
Issuer symbol: ETSY
Transactions as of: 01 Oct 2024
Net transactions value: -$116,481
Form type: 4
Filing time: 03 Oct 2024, 17:45:16 UTC
Previous filing: 07 Aug 2024
Next filing: 04 Feb 2025
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	+2,260	+382%	$0.000000	2,852	01 Oct 2024	Direct	F1
transaction	ETSY	Common Stock	Tax liability	$42,729	-817	-29%	$52.30	2,035	01 Oct 2024	Direct	F2
transaction	ETSY	Common Stock	Sale	$73,752	-1,443	-71%	$51.11	592	03 Oct 2024	Direct	F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Ownership	Footnotes
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-103	-50%	$0.000000	104	01 Oct 2024	Common Stock	103	Direct	F5, F6
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-1,168	-25%	$0.000000	3,505	01 Oct 2024	Common Stock	1,168	Direct	F5, F7
transaction	ETSY	Restricted Stock Units	Options Exercise	$0	-989	-17%	$0.000000	4,945	01 Oct 2024	Common Stock	989	Direct	F5, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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	These shares were sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on March 11, 2024.
F4	The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $50.57 to $51.53 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5	Represents restricted stock units which correspond 1-for-1 with common stock.
F6	The restricted stock units vest in 3 equal semi-annual installments, beginning on April 1, 2024, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F7	The restricted stock units vest in 5 equal semi-annual installments, beginning on April 1, 2024, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F8	The restricted stock units vest in 7 equal semi-annual installments, beginning on April 1, 2024, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.