Nicholas Daniel - 05 Mar 2025 Form 4 Insider Report for ETSY INC (ETSY)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
07 Mar 2025, 16:30:37 UTC
Prior SEC filing
05 Mar 2025
Next SEC filing
19 Mar 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Patrick Kavanaugh, Attorney-in-Fact

Key filing fact

Nicholas Daniel filed Form 4 for ETSY INC (ETSY) on 07 Mar 2025.

Key facts

  • This page summarizes Nicholas Daniel's Form 4 filing for ETSY INC (ETSY).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 07 Mar 2025, 16:30.

Change

  • Previous filing in this sequence was filed on 05 Mar 2025.
  • Current net transaction value: $0.

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 derivative securities

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

ETSY transaction Derivative

Performance Stock Unit

Award

Transaction value
$0
Shares
+2,188
Change %
Price
$0.000000
Shares after
2,188
Date
05 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,188
Exercise price
Footnotes
F1, F2, F3
ETSY transaction Derivative

Performance Stock Unit

Award

Transaction value
$0
Shares
+14,436
Change %
Price
$0.000000
Shares after
14,436
Date
05 Mar 2025
Ownership
Direct
Underlying class
Common Stock
Underlying amount
14,436
Exercise price
Footnotes
F1, F2, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

The Reporting Person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Etsy, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation.

Footnote F2

Units correspond 1-for-1 with common stock.

Footnote F3

Represents the number of units earned under a performance-based restricted stock unit ("PSU") award based on the Issuer's satisfaction of certain performance criteria of the award. Each PSU represents the contingent right to receive one share of common stock of the Issuer. In light of the performance-based conditions of the PSU award, such shares were not reportable under Section 16 until the performance conditions were certified by the Issuer's Compensation Committee as achieved (which occurred on March 5, 2025). The earned shares will vest in full on April 1, 2025, subject to the Reporting Person remaining continuously employed through the vesting date.

Footnote F4

Represents the number of shares earned under a PSU award based on the Issuer's satisfaction of certain performance criteria of the award. Each PSU represents the contingent right to receive one share of common stock of the Issuer. In light of the performance-based conditions of the PSU award, such shares were not reportable under Section 16 until the performance conditions were certified by the Issuer's Compensation Committee as achieved (which occurred on March 5, 2025). The earned shares will vest in equal installments on each of April 1, 2025 and April 1, 2026, subject to the Reporting Person remaining continuously employed through each vesting date. The earned shares reported on this form represent 75% of the total number of shares subject to the PSU award. The remaining 25% of the shares subject to the PSU award will be earned upon the satisfaction of additional performance vesting criteria through the end of the applicable performance period.

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