Paul Gubbay - Aug 21, 2023 Form 4 Insider Report for Squarespace, Inc. (SQSP)

Role
Chief Product Officer
Signature
/s/ Allyson Wilkinson, as Attorney-in-Fact
Stock symbol
SQSP
Transactions as of
Aug 21, 2023
Transactions value $
-$304,711
Form type
4
Date filed
8/23/2023, 07:17 PM
Previous filing
Jun 16, 2023
Next filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQSP Class A Common Stock Options Exercise $0 +16.7K +82.2% $0.00 37.1K Aug 21, 2023 Direct
transaction SQSP Class A Common Stock Options Exercise $0 +4.12K +11.11% $0.00 41.2K Aug 21, 2023 Direct
transaction SQSP Class A Common Stock Tax liability -$305K -10K -24.33% $30.38 31.2K Aug 21, 2023 Direct F1

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 SQSP Restricted Stock Units Options Exercise $0 -16.7K -50% $0.00 16.7K Aug 21, 2023 Class A Common Stock 16.7K $0.00 Direct F2
transaction SQSP Restricted Stock Units Options Exercise $0 -4.12K -9.09% $0.00 41.2K Aug 21, 2023 Class A Common Stock 4.12K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by Issuer to satisfy applicable withholding tax upon vesting of restricted stock units.
F2 On August 26, 2020, the reporting person received a grant of 55,797 restricted stock units, which vests as follows: (a) 15% on August 20, 2021, (b) 25% on August 20, 2022, (c) 30% on August 20, 2023 and (d) 30% on August 20, 2024, subject to continued employment through the applicable vesting date, provided, that if such date falls on a weekend or holiday, the vesting date shall be the first business day after such date.
F3 On February 22, 2022, the reporting person received a grant of 65,967 restricted stock units, which vests as follows: (a) 25% on February 20, 2023 and (b) 6.25% quarterly thereafter, subject to continued employment through the applicable vesting date, provided, that if such date falls on a weekend or holiday, the vesting date shall be the first business day after such date.