Rachel Glaser - Apr 1, 2024 Form 4 Insider Report for ETSY INC (ETSY)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Brittany Keen, Attorney-in-Fact for Rachel Glaser
Stock symbol
ETSY
Transactions as of
Apr 1, 2024
Transactions value $
-$684,503
Form type
4
Date filed
4/3/2024, 04:52 PM
Previous filing
Mar 19, 2024
Next filing
Apr 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $0 +21.3K +33.17% $0.00 85.7K Apr 1, 2024 Direct F1
transaction ETSY Common Stock Tax liability -$685K -10.4K -12.12% $65.90 75.3K Apr 1, 2024 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 Restricted Stock Units Options Exercise $0 -5.4K -100% $0.00* 0 Apr 1, 2024 Common Stock 5.4K Direct F3, F4
transaction ETSY Restricted Stock Units Options Exercise $0 -1.44K -33.34% $0.00 2.87K Apr 1, 2024 Common Stock 1.44K Direct F3, F5
transaction ETSY Restricted Stock Units Options Exercise $0 -5.03K -20% $0.00 20.1K Apr 1, 2024 Common Stock 5.03K Direct F3, F6
transaction ETSY Restricted Stock Units Options Exercise $0 -5.89K -14.29% $0.00 35.3K Apr 1, 2024 Common Stock 5.89K Direct F3, F7
transaction ETSY Performance Stock Units Options Exercise $0 -1.86K -50% $0.00 1.86K Apr 1, 2024 Common Stock 1.86K Direct F8, F9
transaction ETSY Performance Stock Units Options Exercise $0 -1.73K -50% $0.00 1.73K Apr 1, 2024 Common Stock 1.73K Direct F8, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock acquired upon the vesting of the restricted stock units and performance-based restricted stock units.
F2 This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units and performance-based restricted stock units.
F3 Represents restricted stock units which correspond 1-for-1 with common stock.
F4 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F5 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F6 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2022, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F7 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2023, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date.
F8 Represents performance-based restricted stock units which correspond 1-for-1 with common stock.
F9 The earned performance-based restricted stock units vest in equal installments on each of April 1, 2023, 2024 and 2025, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F10 The earned performance-based restricted stock units vest in equal installments on each of April 1, 2024 and April 1, 2025, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.