Courtenay O'Connor - Feb 21, 2023 Form 4 Insider Report for Squarespace, Inc. (SQSP)

Role
General Counsel and Secretary
Signature
/s/ Allyson Wilkinson, as Attorney-in-Fact
Stock symbol
SQSP
Transactions as of
Feb 21, 2023
Transactions value $
-$350,851
Form type
4
Date filed
2/23/2023, 03:23 PM
Previous filing
Feb 6, 2023
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQSP Class A Common Stock Options Exercise $0 +8.51K +22.27% $0.00 46.7K Feb 21, 2023 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +7.89K +16.88% $0.00 54.6K Feb 21, 2023 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +6.44K +11.8% $0.00 61.1K Feb 21, 2023 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +14K +22.96% $0.00 75.1K Feb 21, 2023 Direct
transaction SQSP Class A Common Stock Tax liability -$351K -15.1K -20.06% $23.30 60K Feb 21, 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 -8.51K -100% $0.00* 0 Feb 21, 2023 Class A Common Stock 8.51K $0.00 Direct F2
transaction SQSP Restricted Stock Units Options Exercise $0 -7.89K -49.99% $0.00 7.89K Feb 21, 2023 Class A Common Stock 7.89K $0.00 Direct F3
transaction SQSP Restricted Stock Units Options Exercise $0 -6.44K -33.33% $0.00 12.9K Feb 21, 2023 Class A Common Stock 6.44K $0.00 Direct F4
transaction SQSP Restricted Stock Units Options Exercise $0 -14K -25% $0.00 42.1K Feb 21, 2023 Class A Common Stock 14K $0.00 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.