Nancy Hood - 08 Mar 2024 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Role
Chief Marketing Officer
Signature
/s/ Melanie Goins, Attorney-In-Fact for Nancy Hood
Issuer symbol
DIBS
Transactions as of
08 Mar 2024
Net transactions value
-$29,815
Form type
4
Filing time
12 Mar 2024, 21:27:02 UTC
Previous filing
22 Dec 2023
Next filing
19 Mar 2024
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 +14,104 +19% 86,851 08 Mar 2024 Direct F1
transaction DIBS Common Stock Tax liability $29,815 -5,679 -6.5% $5.25 81,172 08 Mar 2024 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 -8,788 -11% $0.000000 70,300 08 Mar 2024 Common Stock 8,788 Direct F1, F3
transaction DIBS Restricted Stock Units Options Exercise $0 -3,544 -11% $0.000000 28,350 08 Mar 2024 Common Stock 3,544 Direct F1, F4
transaction DIBS Restricted Stock Units Options Exercise $0 -1,772 -20% $0.000000 7,088 08 Mar 2024 Common Stock 1,772 Direct F1, F5
* 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 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 March 15, 2022 and March 14, 2023. None of these shares were sold in an open market transaction.
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.
F4 The initial number of restricted stock units granted shall vest in 16 equal quarterly installments starting on June 8, 2022, provided the Reporting Person continues to have a service relationship with the Issuerat such time. The restricted stock units have no expiration date.
F5 Fifty percent (50%) of the initial number of restricted stock units granted shall vest in 4 equal quarterly installments starting on June 8, 2022, provided the Reporting Person continues to have a service relationship with the Issuer at such time. Thereafter, fifty percent (50%) of the initial number of restricted stock units granted shall vest in 8 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.