Rachel Glaser - Nov 11, 2022 Form 4 Insider Report for ETSY INC (ETSY)

Role
Chief Financial Officer
Signature
/s/ Brittany Keen, as Attorney-in-Fact for Rachel C. Glaser
Stock symbol
ETSY
Transactions as of
Nov 11, 2022
Transactions value $
-$6,332,486
Form type
4
Date filed
11/15/2022, 03:50 PM
Previous filing
Oct 25, 2022
Next filing
Jan 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $387K +28.6K +58.19% $13.55* 77.7K Nov 11, 2022 Direct
transaction ETSY Common Stock Options Exercise $553K +19.5K +25.06% $28.38 97.2K Nov 11, 2022 Direct
transaction ETSY Common Stock Options Exercise $689K +9.85K +10.14% $69.89 107K Nov 11, 2022 Direct
transaction ETSY Common Stock Options Exercise $711K +17.1K +15.94% $41.65 124K Nov 11, 2022 Direct
transaction ETSY Common Stock Sale -$5.31M -46K -37.07% $115.32 78.1K Nov 11, 2022 Direct F1
transaction ETSY Common Stock Sale -$3.37M -29K -37.1% $116.13 49.1K Nov 11, 2022 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 ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -28.6K -39.65% $0.00 43.5K Nov 11, 2022 Common Stock 28.6K $13.55 Direct F3
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -19.5K -39.65% $0.00 29.7K Nov 11, 2022 Common Stock 19.5K $28.38 Direct F4
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -9.85K -36.36% $0.00 17.2K Nov 11, 2022 Common Stock 9.85K $69.89 Direct F5
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -17.1K -23.15% $0.00 56.7K Nov 11, 2022 Common Stock 17.1K $41.65 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.77 to $115.76, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.77 to $116.52, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the 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.
F3 This option is fully vested as of July 1, 2021.
F4 The option vests and becomes exercisable in 8 equal semi-annual installments which began on October 1, 2018, provided the reporting person remains continuously employed on each such vesting date.
F5 The option vests and becomes exercisable in 8 equal semi-annual installments which began on October 1, 2019, provided the reporting person remains continuously employed on each such vesting date.
F6 The option vests and becomes exercisable in 8 equal semi-annual installments which began on October 1, 2020, provided the reporting person remains continuously employed on each such vesting date.