Nathan Gooden - May 20, 2024 Form 4 Insider Report for Squarespace, Inc. (SQSP)

Signature
/s/ Jessica Krasner, as Attorney-in-Fact
Stock symbol
SQSP
Transactions as of
May 20, 2024
Transactions value $
-$728,972
Form type
4
Date filed
5/22/2024, 05:12 PM
Previous filing
Mar 25, 2024
Next filing
May 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQSP Class A Common Stock Options Exercise $0 +32.4K +52.71% $0.00 93.7K May 20, 2024 Direct
transaction SQSP Class A Common Stock Tax liability -$729K -16.5K -17.62% $44.14 77.2K May 20, 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 -32.4K -13.04% $0.00 216K May 20, 2024 Class A Common Stock 32.4K $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 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.