Matthew Rubinger - 09 Dec 2021 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Role
Chief Commercial Officer
Signature
/s/ Melanie Goins, Attorney-In-Fact for Matthew Rubinger
Issuer symbol
DIBS
Transactions as of
09 Dec 2021
Net transactions value
$0
Form type
4
Filing time
13 Dec 2021, 19:14:35 UTC
Previous filing
09 Dec 2021
Next filing
12 Dec 2022
SEC
View on sec.gov

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 DIBS Employee Stock Option (right to buy) Award $0 +49,000 $0.000000 49,000 09 Dec 2021 Common Stock 49,000 $12.31 Direct F1
transaction DIBS Restricted Stock Units Award $0 +46,465 $0.000000 46,465 09 Dec 2021 Common Stock 46,465 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Twenty-five percent (25%) of the shares shall vest on December 1, 2022, provided the Reporting Person continues to have a service relationship with the Issuer at such time. Thereafter, the remaining seventy-five percent (75%) of the shares shall vest in 36 equal monthly installments starting on January 1, 2023, provided the Reporting Person continues to have a service relationship with the Issuer at such time.
F2 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F3 Twenty-five percent (25%) of the restricted stock units shall vest on December 8, 2022, provided the Reporting Person continues to have a service relationship with the Issuer at such time. Thereafter, the remaining seventy-five percent (75%) of the restricted stock units shall vest in 12 equal quarterly installments starting on March 8, 2023, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.