Xiaodi T. Zhang - Jun 15, 2022 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Role: Chief Product Officer
Signature: /s/ Melanie Goins, Attorney-In-Fact for Xiaodi T. Zhang
Stock symbol: DIBS
Transactions as of: Jun 15, 2022
Transactions value $: -$35,594
Form type: 4
Date filed: 6/17/2022, 03:34 PM
Previous filing: Jun 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DIBS	Common Stock	Options Exercise	$102K	+32.2K	+13.52%	$3.18	270K	Jun 15, 2022	Direct
transaction	DIBS	Common Stock	Options Exercise	$40K	+10.3K	+3.83%	$3.87	280K	Jun 15, 2022	Direct
transaction	DIBS	Common Stock	Options Exercise	$28.7K	+6.25K	+2.23%	$4.59	287K	Jun 15, 2022	Direct
transaction	DIBS	Common Stock	Sale	-$207K	-37.1K	-12.94%	$5.57	250K	Jun 15, 2022	Direct	F1, 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	Employee Stock Option (right to buy)	Options Exercise	$0	-32.2K	-100%	$0.00^*	0	Jun 15, 2022	Common Stock	32.2K	$3.18	Direct	F3
transaction	DIBS	Employee Stock Option (right to buy)	Options Exercise	$0	-10.3K	-100%	$0.00^*	0	Jun 15, 2022	Common Stock	10.3K	$3.87	Direct	F4
transaction	DIBS	Employee Stock Option (right to buy)	Options Exercise	$0	-6.25K	-29.03%	$0.00	15.3K	Jun 15, 2022	Common Stock	6.25K	$4.59	Direct	F5

* 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 $5.31 to $5.77, 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	Represents an initial option to purchase 527,232 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.
F4	Represents an initial option to purchase 300,000 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 1/48th of the shares vesting on each monthly anniversary of January 1, 2016, subject to the reporting person's continued service with the Issuer through the applicable vesting date
F5	Represents an initial option to purchase 100,000 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 1/48th of the shares vesting on each monthlyanniversary of March 1, 2020, subject to the reporting person's continued service with the Issuer through the applicable vesting date.