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

Role
Chief Commercial Officer
Signature
/s/ Melanie Goins, Attorney-In-Fact for Matthew Rubinger
Issuer symbol
DIBS
Transactions as of
08 Jun 2023
Transactions value $
$0
Form type
4
Filing time
12 Jun 2023, 21:30:51 UTC
Previous filing
16 Mar 2023
Next filing
13 Jun 2023
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 +2.9K +161.33% 4.7K 08 Jun 2023 Direct F1
transaction DIBS Common Stock Options Exercise +9.2K +195.66% 13.9K 08 Jun 2023 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 Restricted Stock Units Options Exercise $0 -2.9K -9.09% $0.00 29K 08 Jun 2023 Common Stock 2.9K Direct F1, F2
transaction DIBS Restricted Stock Units Options Exercise $0 -9.2K -8.33% $0.00 101K 08 Jun 2023 Common Stock 9.2K 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 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.
F3 The initial number of restricted stock units granted shall vest in 12 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.