Carol Lattouf - Feb 24, 2022 Form 3 Insider Report for 1stdibs.com, Inc. (DIBS)

Role
SVP Operations
Signature
/s/ Melanie Goins, Attorney-In-Fact for Carol Lattouf
Stock symbol
DIBS
Transactions as of
Feb 24, 2022
Transactions value $
$0
Form type
3
Date filed
3/17/2022, 07:40 PM
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding DIBS Common Stock 21 Feb 24, 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
holding DIBS Employee Stock Option (right to buy) Feb 24, 2022 Common Stock 3.33K $4.47 Direct F1
holding DIBS Employee Stock Option (right to buy) Feb 24, 2022 Common Stock 2.5K $4.59 Direct F2
holding DIBS Employee Stock Option (right to buy) Feb 24, 2022 Common Stock 5K $9.45 Direct F3
holding DIBS Restricted Stock Units Feb 24, 2022 Common Stock 586 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option vests over four years with 25% of the shares vesting on November 1, 2019, and with 75% of the shares vesting in 36 equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F2 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.
F3 Option vests over four years with 1/48th of the shares vesting on each monthly anniversary of March 1, 2021, subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F4 The initial number of restricted stock units granted shall vest in 16 equal quarterly installments starting on December 8, 2021, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.
F5 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.