Sarah Liebel - Jan 5, 2022 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Role
Chief Revenue Officer
Signature
/s/ Melanie Goins, Attorney-In-Fact for Sarah Liebel
Stock symbol
DIBS
Transactions as of
Jan 5, 2022
Transactions value $
-$387,029
Form type
4
Date filed
1/14/2022, 05:26 PM
Previous filing
Dec 9, 2021
Next filing
Feb 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIBS Common Stock Options Exercise $140K +31.2K +578.28% $4.47 36.6K Jan 5, 2022 Direct
transaction DIBS Common Stock Options Exercise $9.85K +2.15K +5.86% $4.59 38.8K Jan 5, 2022 Direct
transaction DIBS Common Stock Sale -$385K -33.2K -85.6% $11.60 5.58K Jan 5, 2022 Direct F1
transaction DIBS Common Stock Sale -$2.02K -184 -3.3% $10.96 5.4K Jan 5, 2022 Direct

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) Options Exercise -$140K -31.2K -39.86% $4.47 47.1K Jan 5, 2022 Common Stock 31.2K $4.47 Direct F2
transaction DIBS Employee Stock Option (right to buy) Options Exercise -$9.85K -2.15K -6.44% $4.59 31.2K Jan 5, 2022 Common Stock 2.15K $4.59 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.97 to $11.97, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 Option vests over four years with 1/48th of the shares vesting on each monthly anniversary of September 1, 2018, subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F3 Option vests over four years with 1/48th of the shares vesting on each monthly anniversary of March 1, 2020, subject to the reporting person's continued service with the Issuer through the applicable vesting date.