Ross A. Paul - 03 Jun 2022 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Role: Chief Technology Officer
Signature: /s/ Melanie Goins, Attorney-In-Fact for Ross A. Paul
Issuer symbol: DIBS
Transactions as of: 03 Jun 2022
Net transactions value: -$36,698
Form type: 4
Filing time: 07 Jun 2022, 21:33:00 UTC
Previous filing: 07 Jun 2022
Next filing: 08 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DIBS	Common Stock	Options Exercise	$27,081	+8,516	+8.2%	$3.18	112,294	03 Jun 2022	Direct
transaction	DIBS	Common Stock	Sale	$36,698	-6,539	-5.8%	$5.61	105,755	03 Jun 2022	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	DIBS	Employee Stock Option (right to buy)	Options Exercise	$27,081	-8,516	-12%	$3.18	63,321	03 Jun 2022	Common Stock	8,516	$3.18	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2	Represents an initial option to purchase 620,272 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 25% of the shares vesting on January 1, 2013, 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.