Paul Gubbay - 21 Aug 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 Aug 2023
Net transactions value
-$304,711
Form type
4
Filing time
23 Aug 2023, 18:17:06 UTC
Previous filing
16 Jun 2023
Next filing
22 Nov 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 +16,739 +82% $0.000000 37,102 21 Aug 2023 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +4,122 +11% $0.000000 41,224 21 Aug 2023 Direct
transaction SQSP Class A Common Stock Tax liability $304,711 -10,030 -24% $30.38 31,194 21 Aug 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 -16,739 -50% $0.000000 16,740 21 Aug 2023 Class A Common Stock 16,739 $0.000000 Direct F2
transaction SQSP Restricted Stock Units Options Exercise $0 -4,122 -9.1% $0.000000 41,232 21 Aug 2023 Class A Common Stock 4,122 $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 August 26, 2020, the reporting person received a grant of 55,797 restricted stock units, which vests as follows: (a) 15% on August 20, 2021, (b) 25% on August 20, 2022, (c) 30% on August 20, 2023 and (d) 30% on August 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.
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.