Ryan Beauchamp - 15 Jun 2023 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Role
Chief Product Officer
Signature
/s/ Melanie Goins, Attorney-In-Fact for Ryan Beauchamp
Issuer symbol
DIBS
Transactions as of
15 Jun 2023
Net transactions value
$0
Form type
4
Filing time
20 Jun 2023, 21:11:50 UTC
Previous filing
04 Apr 2023
Next filing
19 Mar 2024
SEC
View on sec.gov

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 Award $0 +220,000 $0.000000 220,000 15 Jun 2023 Common Stock 220,000 Direct F1, F2
* 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 June 8, 2024, 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 September 8, 2024, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.