Courtenay O'Connor - Aug 20, 2024 Form 4 Insider Report for Squarespace, Inc. (SQSP)

Role
General Counsel and Secretary
Signature
/s/ Jessica Krasner, as Attorney-in-Fact
Stock symbol
SQSP
Transactions as of
Aug 20, 2024
Transactions value $
-$198,147
Form type
4
Date filed
8/22/2024, 04:34 PM
Previous filing
May 28, 2024
Next filing
Aug 26, 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 +3.5K +6.12% $0.00 60.8K Aug 20, 2024 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +4.48K +7.37% $0.00 65.3K Aug 20, 2024 Direct
transaction SQSP Class A Common Stock Tax liability -$198K -4.42K -6.77% $44.86 60.9K 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 -4.48K -9.09% $0.00 44.8K Aug 20, 2024 Class A Common Stock 4.48K $0.00 Direct F2
transaction SQSP Restricted Stock Units Options Exercise $0 -3.5K -14.28% $0.00 21K Aug 20, 2024 Class A Common Stock 3.5K $0.00 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 March 3, 2023, the reporting person received a grant of 71,727 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.
F3 On February 22, 2022, the reporting person received a grant of 56,072 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.