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

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
12 Dec 2023, 20:12:27 UTC
Prior SEC filing
19 Sep 2023
Next SEC filing
19 Dec 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Melanie Goins, Attorney-In-Fact for Matthew Rubinger

Key filing fact

Matthew Rubinger filed Form 4 for 1stdibs.com, Inc. (DIBS) on 12 Dec 2023.

Key facts

  • This page summarizes Matthew Rubinger's Form 4 filing for 1stdibs.com, Inc. (DIBS).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 12 Dec 2023, 20:12.

Change

  • Previous filing in this sequence was filed on 19 Sep 2023.
  • Current net transaction value: -$20,695.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DIBS transaction

Common Stock

Options Exercise

Transaction value
Shares
+12,108
Change %
+172%
Price
Shares after
19,164
Date
08 Dec 2023
Ownership
Direct
Footnotes
F1
DIBS transaction

Common Stock

Tax liability

Transaction value
$20,695
Shares
-4,366
Change %
-23%
Price
$4.74
Shares after
14,798
Date
08 Dec 2023
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DIBS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-9,204
Change %
-10%
Price
$0.000000
Shares after
82,842
Date
08 Dec 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,204
Exercise price
Footnotes
F1, F3
DIBS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-2,904
Change %
-11%
Price
$0.000000
Shares after
23,233
Date
08 Dec 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,904
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.

Footnote F2

These shares were retained by 1stdibs, Inc. ("1stdibs") via settlement on a net withholding basis in order to meet the tax withholding obligations of the reporting person in connection with the vesting of an installment of restricted stock units ("RSUs") granted to the reporting person on December 9, 2021 and March 14, 2023. None of these shares were sold in an open market transaction.

Footnote 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.

Footnote F4

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.

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