Courtenay O'Connor - 21 Feb 2023 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
21 Feb 2023
Net transactions value
-$350,851
Form type
4
Filing time
23 Feb 2023, 15:23:57 UTC
Previous filing
06 Feb 2023
Next filing
28 Feb 2023
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 +8,510 +22% $0.000000 46,726 21 Feb 2023 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +7,887 +17% $0.000000 54,613 21 Feb 2023 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +6,444 +12% $0.000000 61,057 21 Feb 2023 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +14,018 +23% $0.000000 75,075 21 Feb 2023 Direct
transaction SQSP Class A Common Stock Tax liability $350,851 -15,058 -20% $23.30 60,017 21 Feb 2023 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 -8,510 -100% $0.000000* 0 21 Feb 2023 Class A Common Stock 8,510 $0.000000 Direct F2
transaction SQSP Restricted Stock Units Options Exercise $0 -7,887 -50% $0.000000 7,889 21 Feb 2023 Class A Common Stock 7,887 $0.000000 Direct F3
transaction SQSP Restricted Stock Units Options Exercise $0 -6,444 -33% $0.000000 12,891 21 Feb 2023 Class A Common Stock 6,444 $0.000000 Direct F4
transaction SQSP Restricted Stock Units Options Exercise $0 -14,018 -25% $0.000000 42,054 21 Feb 2023 Class A Common Stock 14,018 $0.000000 Direct F5
* 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 restricted stock units vested on February 21, 2023.
F3 On February 19, 2020, the reporting person received a grant of 31,550 restricted stock units, which vests as follows: (a) 25% on February 20, 2022, (b) 25% on February 20, 2023 and (c) 25% 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.
F4 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.
F5 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.