Ross A. Paul - Jun 6, 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
Stock symbol
DIBS
Transactions as of
Jun 6, 2022
Transactions value $
-$236,234
Form type
4
Date filed
6/8/2022, 09:23 PM
Previous filing
Jun 7, 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 $103K +32.3K +30.55% $3.18 138K Jun 6, 2022 Direct
transaction DIBS Common Stock Sale -$143K -24.4K -17.69% $5.84 114K Jun 6, 2022 Direct F1, F2
transaction DIBS Common Stock Options Exercise $65.2K +20.5K +18.06% $3.18 134K Jun 7, 2022 Direct
transaction DIBS Common Stock Sale -$93.6K -15.2K -11.33% $6.16 119K Jun 7, 2022 Direct F1, F3

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 -$103K -32.3K -51.03% $3.18 31K Jun 6, 2022 Common Stock 32.3K $3.18 Direct F4
transaction DIBS Employee Stock Option (right to buy) Options Exercise -$65.2K -20.5K -66.16% $3.18 10.5K Jun 7, 2022 Common Stock 20.5K $3.18 Direct F4
* 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.58 to $6.02, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.80 to $6.25, 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.
F4 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.