Courtenay O'Connor - 22 Feb 2022 Form 4 Insider Report for Squarespace, Inc.

Role
General Counsel and Secretary
Signature
/s/ Allyson Wilkinson, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
22 Feb 2022
Net transactions value
-$462,703
Form type
4
Filing time
24 Feb 2022, 15:40:54 UTC
Previous filing
03 Dec 2021
Next filing
09 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQSP Class A Common Stock Options Exercise $0 +3,389 +12% $0.000000 31,941 22 Feb 2022 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +8,510 +27% $0.000000 40,451 22 Feb 2022 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +7,887 +19% $0.000000 48,338 22 Feb 2022 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +6,444 +13% $0.000000 54,782 22 Feb 2022 Direct
transaction SQSP Class A Common Stock Tax liability $286,410 -10,731 -20% $26.69 44,051 22 Feb 2022 Direct F1
transaction SQSP Class A Common Stock Sale $137,293 -5,144 -12% $26.69 38,907 22 Feb 2022 Direct F2, F3
transaction SQSP Class A Common Stock Sale $38,999 -1,413 -3.6% $27.60 37,494 22 Feb 2022 Direct F2, 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 Exercise Price Ownership Footnotes
transaction SQSP Restricted Stock Units Options Exercise $0 -3,389 -100% $0.000000* 0 22 Feb 2022 Class A Common Stock 3,389 $0.000000 Direct F5
transaction SQSP Restricted Stock Units Options Exercise $0 -8,510 -50% $0.000000 8,510 22 Feb 2022 Class A Common Stock 8,510 $0.000000 Direct F6
transaction SQSP Restricted Stock Units Options Exercise $0 -7,887 -33% $0.000000 15,776 22 Feb 2022 Class A Common Stock 7,887 $0.000000 Direct F7
transaction SQSP Restricted Stock Units Options Exercise $0 -6,444 -25% $0.000000 19,335 22 Feb 2022 Class A Common Stock 6,444 $0.000000 Direct F8
transaction SQSP Restricted Stock Units Award $0 +56,072 $0.000000 56,072 22 Feb 2022 Class A Common Stock 56,072 $0.000000 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Issuer to satisfy applicable withholding tax upon vesting of restricted stock units.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 3, 2021.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.23 to $27.19, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price within the range set forth above.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.27 to $27.99, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price within the range set forth above.
F5 The restricted stock units vested on February 22, 2022.
F6 On February 28, 2019, the reporting person received a grant of 17,020 restricted stock units, which vests as follows: (a) 50% on February 20, 2022 and (b) 50% on February 20, 2023, subject to continued employment through the applicable vesting date, provided, that if such date falls on a weekend or holiday, the vesting date shall be the first business day after such date.
F7 On February 19, 2020, the reporting person received a grant of 23,663 restricted stock units, which vests as follows: (a) 33.33% on February 20, 2022, (b) 33.33% on February 20, 2023 and (c) 33.33% on February 20, 2024, subject to continued employment through the applicable vesting date, provided, that if such date falls on a weekend or holiday, the vesting date shall be the first business day after such date.
F8 On January 20, 2021, the reporting person received a grant of 25,779 restricted stock units, which vests as follows: (a) 25% on February 20, 2022, (b) 25% on February 20, 2023, (c) 25% on February 20, 2024 and (d) 25% on February 20, 2025, subject to continued employment through the applicable vesting date, provided, that if such date falls on a weekend or holiday, the vesting date shall be the first business day after such date.
F9 On February 22, 2022, the reporting person received a grant of 56,072 restricted stock units, which vests as follows: (a) 25% on February 20, 2023 and (b) 6.25% quarterly thereafter, subject to continued employment through the applicable vesting date, provided, that if such date falls on a weekend or holiday, the vesting date shall be the first business day after such date.