Thomas J. Etergino - Sep 8, 2023 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Role
Chief Financial Officer
Signature
/s/ Melanie Goins, Attorney-In-Fact for Thomas J Etergino
Stock symbol
DIBS
Transactions as of
Sep 8, 2023
Transactions value $
$0
Form type
4
Date filed
9/12/2023, 09:04 AM
Previous filing
Jun 13, 2023
Next filing
Sep 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIBS Common Stock Options Exercise +14.1K +28.22% 64.1K Sep 8, 2023 Direct F1
transaction DIBS Common Stock Options Exercise +16.6K +25.84% 80.6K Sep 8, 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 -14.1K -9.09% $0.00 141K Sep 8, 2023 Common Stock 14.1K Direct F1, F2
transaction DIBS Restricted Stock Units Options Exercise $0 -16.6K -8.33% $0.00 182K Sep 8, 2023 Common Stock 16.6K 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 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.
F3 Twenty-five percent (25%) of the restricted stock units shall vest on June 8, 2023, 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, 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.