Nancy Hood - Dec 8, 2023 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Role: Chief Marketing Officer
Signature: /s/ Melanie Goins, Attorney-In-Fact for Nancy Hood
Stock symbol: DIBS
Transactions as of: Dec 8, 2023
Transactions value $: -$26,914
Form type: 4
Date filed: 12/12/2023, 08:12 PM
Previous filing: Sep 19, 2023
Next filing: Dec 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DIBS	Common Stock	Options Exercise		+14.1K	+17.38%		95.3K	Dec 8, 2023	Direct	F1
transaction	DIBS	Common Stock	Tax liability	-$26.9K	-5.68K	-5.96%	$4.74	89.6K	Dec 8, 2023	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	DIBS	Restricted Stock Units	Options Exercise	$0	-1.77K	-16.67%	$0.00	8.86K	Dec 8, 2023	Common Stock	1.77K		Direct	F1, F3
transaction	DIBS	Restricted Stock Units	Options Exercise	$0	-8.79K	-10%	$0.00	79.1K	Dec 8, 2023	Common Stock	8.79K		Direct	F1, F4
transaction	DIBS	Restricted Stock Units	Options Exercise	$0	-3.54K	-10%	$0.00	31.9K	Dec 8, 2023	Common Stock	3.54K		Direct	F1, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F2	These shares were retained by 1stdibs, Inc. ("1stdibs") via settlement on a net withholding basis in order to meet the tax withholding obligations of the reporting person in connection with the vesting of an installment of restricted stock units ("RSUs") granted to the reporting person on March 15, 2022 and March 14, 2023. None of these shares were sold in an open market transaction.
F3	Fifty percent (50%) of the initial number of restricted stock units granted shall vest in 4 equal quarterly installments starting on June 8, 2022, provided the Reporting Person continues to have a service relationship with the Issuer at such time. Thereafter, fifty percent (50%) of the initial number of restricted stock units granted shall vest in 8 equal quarterly installments starting on June 8, 2023, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.
F4	The initial number of restricted stock units granted shall vest in 12 equal quarterly installments starting on June 8, 2023, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.
F5	The initial number of restricted stock units granted shall vest in 16 equal quarterly installments starting on June 8, 2022, provided the Reporting Person continues to have a service relationship with the Issuerat such time. The restricted stock units have no expiration date.