Nathan Gooden - Nov 20, 2023 Form 4 Insider Report for Squarespace, Inc. (SQSP)

Signature
/s/ Allyson Wilkinson, as Attorney-in-Fact
Stock symbol
SQSP
Transactions as of
Nov 20, 2023
Transactions value $
-$2,124,212
Form type
4
Date filed
11/22/2023, 04:13 PM
Previous filing
Sep 12, 2023
Next filing
Dec 15, 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 +151K $0.00 151K Nov 20, 2023 Direct
transaction SQSP Class A Common Stock Tax liability -$2.12M -72.7K -48.19% $29.20 78.2K Nov 20, 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 -151K -35% $0.00 280K Nov 20, 2023 Class A Common Stock 151K $0.00 Direct F2
* 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 October 22, 2022, the reporting person received a grant of 431,345 restricted stock units, which vests as follows: (a) 35% on November 20, 2023, (b) 7.5% quarterly in year 2, (c) 5% quarterly in year 3, and (d) 3.75% quarterly in year 4 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.