Carol Lattouf - Mar 8, 2022 Form 4 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
Mar 8, 2022
Transactions value $
-$150
Form type
4
Date filed
3/17/2022, 07:44 PM
Previous filing
Mar 17, 2022
Next filing
Jun 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIBS Common Stock Options Exercise +39 +185.71% 60 Mar 8, 2022 Direct F1
transaction DIBS Common Stock Sale -$150 -19 -31.67% $7.91 41 Mar 8, 2022 Direct F2

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 Restricted Stock Units Options Exercise $0 -39 -6.66% $0.00 547 Mar 8, 2022 Common Stock 39 Direct F1, F3
transaction DIBS Restricted Stock Units Award $0 +40K $0.00 40K Mar 15, 2022 Common Stock 40K Direct F1, F4
transaction DIBS Restricted Stock Units Award $0 +20K $0.00 20K Mar 15, 2022 Common Stock 20K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F2 These shares were sold to cover the tax withholding obligations created by the vesting of Reporting Person's restricted stock units.
F3 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.
F4 The initial number of restricted stock units granted shall vest in 16 equal quarterly installments starting on June 8, 2022, 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 Fifty percent (50%) of the initial number of restricted stock units granted shall vest in 4 equal quarterly installments starting on June 8, 2022, provided the Reporting Person continues to have a service relationship with the Issuer at such time. Thereafter, fifty percent (50%) of the initial number of restricted stock units granted shall vest in 8 equal quarterly installments starting on June 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.