Rachel Glaser - Feb 24, 2023 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
Feb 24, 2023
Transactions value $
-$1,869,587
Form type
4
Date filed
2/28/2023, 04:21 PM
Previous filing
Jan 23, 2023
Next filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $103K +7.59K +15.44% $13.55* 56.7K Feb 24, 2023 Direct
transaction ETSY Common Stock Options Exercise $144K +5.06K +8.92% $28.38 61.8K Feb 24, 2023 Direct
transaction ETSY Common Stock Options Exercise $182K +2.61K +4.22% $69.89 64.4K Feb 24, 2023 Direct
transaction ETSY Common Stock Options Exercise $190K +4.56K +7.08% $41.65 69K Feb 24, 2023 Direct
transaction ETSY Common Stock Sale -$822K -6.61K -9.59% $124.25 62.4K Feb 24, 2023 Direct F1
transaction ETSY Common Stock Sale -$727K -5.81K -9.32% $125.05 56.5K Feb 24, 2023 Direct F2
transaction ETSY Common Stock Sale -$464K -3.67K -6.49% $126.31 52.9K Feb 24, 2023 Direct F3
transaction ETSY Common Stock Sale -$234K -1.84K -3.47% $127.26 51K Feb 24, 2023 Direct F4
transaction ETSY Common Stock Sale -$243K -1.89K -3.7% $128.38 49.1K Feb 24, 2023 Direct F5

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 -7.59K -17.44% $0.00 35.9K Feb 24, 2023 Common Stock 7.59K $13.55 Direct F6
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -5.06K -17.07% $0.00 24.6K Feb 24, 2023 Common Stock 5.06K $28.38 Direct F7
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -2.61K -15.13% $0.00 14.6K Feb 24, 2023 Common Stock 2.61K $69.89 Direct F8
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -4.56K -8.04% $0.00 52.1K Feb 24, 2023 Common Stock 4.56K $41.65 Direct F9
* 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 $123.685 to $124.64, 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 $124.71 to $125.675, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.795 to $126.59, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.865 to $127.845, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.89 to $128.805, 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.
F6 This option is fully vested as of July 1, 2021.
F7 This option is fully vested as of April 1, 2022.
F8 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.
F9 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.