Nathan Gooden - 20 Feb 2024 Form 4 Insider Report for Squarespace, Inc.

Role: Chief Financial Officer
Signature: /s/ Allyson Wilkinson, as Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 20 Feb 2024
Net transactions value: -$757,274
Form type: 4
Filing time: 22 Feb 2024, 17:44:16 UTC
Previous filing: 22 Dec 2023
Next filing: 23 Feb 2024
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	+32,350	+83%	$0.000000	71,462	20 Feb 2024	Direct
transaction	SQSP	Class A Common Stock	Tax liability	$369,844	-11,835	-17%	$31.25	59,627	20 Feb 2024	Direct	F1
transaction	SQSP	Class A Common Stock	Options Exercise	$0	+24,527	+41%	$0.000000	84,154	21 Feb 2024	Direct
transaction	SQSP	Class A Common Stock	Tax liability	$387,431	-12,522	-15%	$30.94	71,632	21 Feb 2024	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	-32,350	-12%	$0.000000	248,025	20 Feb 2024	Class A Common Stock	32,350	$0.000000	Direct	F2
transaction	SQSP	Performance Restricted Stock Units	Award	$0	+73,581		$0.000000	73,581	21 Feb 2024	Class A Common Stock	73,581	$0.000000	Direct	F3
transaction	SQSP	Performance Restricted Stock Units	Options Exercise	$0	-24,527	-33%	$0.000000	49,054	21 Feb 2024	Class A Common Stock	24,527	$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 October 18, 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.
F3	On September 8, 2023, the reporting person received a grant of restricted stock units, eligible to vest subject to the achievement of certain performance criteria and the satisfaction of service conditions. On February 21, 2024, the Compensation Committee determined that the performance criteria was met, resulting in the reporting person earning 73,581 restricted stock units that shall vest upon satisfaction of the following service conditions: (a) one-third immediately vested upon certification by the Compensation Committee on February 21, 2024, (b) one-third on February 20, 2025 and (c) one-third on February 20, 2026, 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.