Paul Gubbay - 21 Feb 2023 Form 4 Insider Report for Squarespace, Inc.

Role
Chief Product Officer
Signature
/s/ Allyson Wilkinson, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
21 Feb 2023
Net transactions value
-$235,214
Form type
4
Filing time
23 Feb 2023, 15:29:18 UTC
Previous filing
24 Aug 2022
Next filing
07 Mar 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 +8,056 +44% $0.000000 26,507 21 Feb 2023 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +16,491 +62% $0.000000 42,998 21 Feb 2023 Direct
transaction SQSP Class A Common Stock Tax liability $235,214 -10,095 -23% $23.30 32,903 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 -8,056 -33% $0.000000 16,112 21 Feb 2023 Class A Common Stock 8,056 $0.000000 Direct F2
transaction SQSP Restricted Stock Units Options Exercise $0 -16,491 -25% $0.000000 49,476 21 Feb 2023 Class A Common Stock 16,491 $0.000000 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.