Xiaodi T. Zhang - 15 Jun 2022 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Reporting relationship: Chief Product Officer
Issuer ticker: DIBS
Reported as of: 15 Jun 2022
Net transaction value: -$35,594
SEC form: 4
Accepted by SEC: 17 Jun 2022, 15:34:46 UTC
Prior SEC filing: 16 Jun 2022
Source filing: View source filing
Reporting owner signature: /s/ Melanie Goins, Attorney-In-Fact for Xiaodi T. Zhang

Key filing fact

Xiaodi T. Zhang filed Form 4 for 1stdibs.com, Inc. (DIBS) on 17 Jun 2022.

Key facts

This page summarizes Xiaodi T. Zhang's Form 4 filing for 1stdibs.com, Inc. (DIBS).
7 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 17 Jun 2022, 15:34.

Change

Previous filing in this sequence was filed on 16 Jun 2022.
Current net transaction value: -$35,594.

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: $102,297
Shares: +32,169
Change %: +14%
Price: $3.18
Shares after: 270,028
Date: 15 Jun 2022
Ownership: Direct

DIBS transaction

Common Stock

Options Exercise

Transaction value: $39,989
Shares: +10,333
Change %: +3.8%
Price: $3.87
Shares after: 280,361
Date: 15 Jun 2022
Ownership: Direct

DIBS transaction

Common Stock

Options Exercise

Transaction value: $28,688
Shares: +6,250
Change %: +2.2%
Price: $4.59
Shares after: 286,611
Date: 15 Jun 2022
Ownership: Direct

DIBS transaction

Common Stock

Sale

Transaction value: $206,567
Shares: -37,087
Change %: -13%
Price: $5.57
Shares after: 249,524
Date: 15 Jun 2022
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

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

DIBS transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -32,169
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 15 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 32,169
Exercise price: $3.18
Footnotes: F3

DIBS transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -10,333
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 15 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,333
Exercise price: $3.87
Footnotes: F4

DIBS transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -6,250
Change %: -29%
Price: $0.000000
Shares after: 15,278
Date: 15 Jun 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,250
Exercise price: $4.59
Footnotes: F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.31 to $5.77, inclusive. The reporting person undertakes to provide to Issuer, any security holder of Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F3

Represents an initial option to purchase 527,232 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 25% of the shares vesting on January 1, 2013, and with 75% of the shares vesting in 36 equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting date.

Footnote F4

Represents an initial option to purchase 300,000 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 January 1, 2016, subject to the reporting person's continued service with the Issuer through the applicable vesting date

Footnote F5

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 monthlyanniversary of March 1, 2020, subject to the reporting person's continued service with the Issuer through the applicable vesting date.