Alison K. Lipman - 10 Jun 2024 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Role: Chief People Officer
Signature: /s/ Melanie Goins, Attorney-In-Fact for Alison K. Lipman
Issuer symbol: DIBS
Transactions as of: 10 Jun 2024
Net transactions value: -$44,390
Form type: 4
Filing time: 12 Jun 2024, 19:43:28 UTC
Previous 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		+22,385	+39%		80,288	10 Jun 2024	Direct	F1
transaction	DIBS	Common Stock	Tax liability	$44,390	-8,071	-10%	$5.50	72,217	10 Jun 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	-7,725	-8.3%	$0.000000	84,975	10 Jun 2024	Common Stock	7,725		Direct	F1, F3
transaction	DIBS	Restricted Stock Units	Options Exercise	$0	-8,370	-12%	$0.000000	58,590	10 Jun 2024	Common Stock	8,370		Direct	F1, F4
transaction	DIBS	Restricted Stock Units	Options Exercise	$0	-4,193	-12%	$0.000000	29,357	10 Jun 2024	Common Stock	4,193		Direct	F1, F5
transaction	DIBS	Restricted Stock Units	Options Exercise	$0	-2,097	-25%	$0.000000	6,291	10 Jun 2024	Common Stock	2,097		Direct	F1, F6

* 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, March 14, 2023, and March 15, 2024. 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, 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.
F4	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.
F5	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 Issuer at such time. The restricted stock units have no expiration date.
F6	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.