Xiaodi T. Zhang - 13 Aug 2021 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Role
Chief Product Officer
Signature
/s/ Melanie Goins, Attorney-In-Fact for Xiaodi T. Zhang
Issuer symbol
DIBS
Transactions as of
13 Aug 2021
Net transactions value
$0
Form type
4
Filing time
17 Aug 2021, 20:54:53 UTC
Previous filing
09 Jun 2021
Next filing
13 Dec 2021
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 $51,599 +13,333 +6.8% $3.87 208,194 13 Aug 2021 Direct
transaction DIBS Common Stock Options Exercise $15,936 +3,472 +1.7% $4.59 211,666 16 Aug 2021 Direct

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 Employee Stock Option (right to buy) Options Exercise $51,599 -13,333 -100% $3.87 0 13 Aug 2021 Common Stock 13,333 $3.87 Direct F1
transaction DIBS Employee Stock Option (right to buy) Options Exercise $15,936 -3,472 -14% $4.59 21,528 16 Aug 2021 Common Stock 3,472 $4.59 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an initial option to purchase 200,000 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 1/48th of the shares vesting on each monthly anniversary of March 1, 2014, subject to the reporting person's continued service with the Issuer through the applicable vesting date.
F2 Represents an initial option to purchase 100,000 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 1/48th of the shares vesting on each monthly anniversary of March 1, 2020, subject to the reporting person's continued service with the Issuer through the applicable vesting date.