Anthony Casalena - Oct 4, 2023 Form 4 Insider Report for Squarespace, Inc. (SQSP)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Jessica Krasner, as Attorney-in-Fact
Stock symbol
SQSP
Transactions as of
Oct 4, 2023
Transactions value $
-$1,386,871
Form type
4
Date filed
10/6/2023, 04:43 PM
Previous filing
Sep 25, 2023
Next filing
Oct 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQSP Class A Common Stock Sale -$619K -21.7K -0.51% $28.57 4.26M Oct 4, 2023 See footnote F1, F2, F3
transaction SQSP Class A Common Stock Sale -$768K -26.7K -0.63% $28.74 4.23M Oct 5, 2023 See footnote F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.36 to $28.76, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3 The shares are held of record by the Anthony Casalena Revocable Trust
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.46 to $29.02, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, on request, full information regarding the number of shares sold at each separate price within the range set forth above.