Matthew Rubinger - 08 Mar 2023 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Signature
/s/ Melanie Goins, Attorney-In-Fact for Matthew Rubinger
Issuer symbol
DIBS
Transactions as of
08 Mar 2023
Net transactions value
-$4,807
Form type
4
Filing time
10 Mar 2023, 17:24:17 UTC
Previous filing
20 Dec 2022
Next filing
16 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIBS Common Stock Options Exercise +2,904 2,904 08 Mar 2023 Direct F1
transaction DIBS Common Stock Sale $4,807 -1,104 -38% $4.35 1,800 09 Mar 2023 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 -2,904 -8.3% $0.000000 31,945 08 Mar 2023 Common Stock 2,904 Direct F1, F3
* 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 Twenty-five percent (25%) of the restricted stock units shall vest on December 8, 2022, provided the Reporting Person continues to have a service relationship with the Issuer at such time. Thereafter, the remaining seventy-five percent (75%) of the restricted stock units shall vest in 12 equal quarterly installments starting on March 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.