Paul Gubbay - Feb 22, 2022 Form 4 Insider Report for Squarespace, Inc. (SQSP)

Role
Chief Product Officer
Signature
/s/ Allyson Wilkinson, as Attorney-in-Fact
Stock symbol
SQSP
Transactions as of
Feb 22, 2022
Transactions value $
-$89,972
Form type
4
Date filed
2/24/2022, 03:49 PM
Previous filing
Aug 24, 2021
Next filing
Aug 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQSP Class A Common Stock Options Exercise $0 +8.06K +148.12% $0.00 13.5K Feb 22, 2022 Direct
transaction SQSP Class A Common Stock Tax liability -$90K -3.37K -24.98% $26.69 10.1K Feb 22, 2022 Direct F1

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 -8.06K -25% $0.00 24.2K Feb 22, 2022 Class A Common Stock 8.06K $0.00 Direct F2
transaction SQSP Restricted Stock Units Award $0 +66K $0.00 66K Feb 22, 2022 Class A Common Stock 66K $0.00 Direct F3
* 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 On January 20, 2021, the reporting person received a grant of 32,224 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.
F3 On February 22, 2022, the reporting person received a grant of 65,967 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.