Ross A. Paul - 13 Aug 2021 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Role
Chief Technology Officer
Signature
/s/ Melanie Goins, Attorney-In-Fact for Ross A. Paul
Issuer symbol
DIBS
Transactions as of
13 Aug 2021
Net transactions value
$0
Form type
4
Filing time
17 Aug 2021, 20:55:56 UTC
Previous filing
09 Jun 2021
Next filing
17 Mar 2022
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 $23,905 +5,208 +5.9% $4.59 93,366 13 Aug 2021 Direct
transaction DIBS Common Stock Options Exercise $20,667 +2,187 +2.3% $9.45 95,553 13 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 $23,905 -5,208 -14% $4.59 32,292 13 Aug 2021 Common Stock 5,208 $4.59 Direct F1
transaction DIBS Employee Stock Option (right to buy) Options Exercise $20,667 -2,187 -10% $9.45 18,813 13 Aug 2021 Common Stock 2,187 $9.45 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 150,000 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.
F2 Option vests over four years with 1/48th of the shares vesting on each monthly anniversary of March 1, 2021, subject to the reporting person's continued service with the Issuer through the applicable vesting date.