Paul Gubbay - Aug 20, 2024 Form 4 Insider Report for Squarespace, Inc. (SQSP)

Role
Chief Product Officer
Signature
/s/ Jessica Krasner, as Attorney-in-Fact
Stock symbol
SQSP
Transactions as of
Aug 20, 2024
Transactions value $
-$626,335
Form type
4
Date filed
8/22/2024, 04:31 PM
Previous filing
Aug 13, 2024
Next filing
Sep 16, 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 +16.7K +44.66% $0.00 54.2K Aug 20, 2024 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +4.12K +7.6% $0.00 58.3K Aug 20, 2024 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +4.38K +7.51% $0.00 62.7K Aug 20, 2024 Direct
transaction SQSP Class A Common Stock Tax liability -$626K -14K -22.26% $44.86 48.8K Aug 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 Unit Options Exercise $0 -16.7K -100% $0.00 0 Aug 20, 2024 Class A Common Stock 16.7K $0.00 Direct F2
transaction SQSP Restricted Stock Unit Options Exercise $0 -4.38K -9.09% $0.00 43.8K Aug 20, 2024 Class A Common Stock 4.38K $0.00 Direct F3
transaction SQSP Restricted Stock Units Options Exercise $0 -4.12K -14.28% $0.00 24.7K Aug 20, 2024 Class A Common Stock 4.12K $0.00 Direct F4
* 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 March 3, 2023, the reporting person received a grant of 70,133 restricted stock units, which vests as follows: (a) 25% on February 20, 2024 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.
F4 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.