RYAN M. SCOTT - 01 Jul 2021 Form 4 Insider Report for ETSY INC (ETSY)

Signature
/s/ Brittany Keen, as Attorney-in-Fact for Ryan Scott
Issuer symbol
ETSY
Transactions as of
01 Jul 2021
Net transactions value
-$1,050,750
Form type
4
Filing time
06 Jul 2021, 19:02:58 UTC
Previous filing
03 Jun 2021
Next filing
05 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $0 +1,941 $0.000000 1,941 01 Jul 2021 Direct F1
transaction ETSY Common Stock Tax liability $189,734 -951 -49% $199.51 990 01 Jul 2021 Direct F2
transaction ETSY Common Stock Options Exercise $305,459 +4,922 +497% $62.06 5,912 02 Jul 2021 Direct F3
transaction ETSY Common Stock Sale $337,830 -1,717 -29% $196.76 4,195 02 Jul 2021 Direct F3, F4
transaction ETSY Common Stock Sale $491,269 -2,489 -59% $197.38 1,706 02 Jul 2021 Direct F3, F5
transaction ETSY Common Stock Sale $50,183 -253 -15% $198.35 1,453 02 Jul 2021 Direct F3, F6
transaction ETSY Common Stock Sale $63,792 -319 -22% $199.98 1,134 02 Jul 2021 Direct F3, F7
transaction ETSY Common Stock Sale $28,968 -144 -13% $201.17 990 02 Jul 2021 Direct F3
transaction ETSY Common Stock Sale $15,318 -79 -8% $193.90 911 06 Jul 2021 Direct F3
transaction ETSY Common Stock Sale $96,275 -491 -54% $196.08 420 06 Jul 2021 Direct F3, F8
transaction ETSY Common Stock Sale $67,371 -342 -81% $196.99 78 06 Jul 2021 Direct F3, F9
transaction ETSY Common Stock Sale $15,469 -78 -100% $198.32 0 06 Jul 2021 Direct F3, F10

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 -1,941 -20% $0.000000 7,764 01 Jul 2021 Common Stock 1,941 Direct F11, F12
transaction ETSY Employee Stock Option (Right to Buy) Options Exercise $0 -4,922 -20% $0.000000 19,685 02 Jul 2021 Common Stock 4,922 $62.06 Direct F3, F13
* 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 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.
F3 This exercise and sales were made pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on May 8, 2020.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $196.075 to $197.04, 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 $197.08 to $198.05, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.31 to $198.43, 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $199.55 to $200.27, 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.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $195.56 to $196.53, 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.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $196.86 to $197.39, 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.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.245 to $198.53, 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.
F11 Represents restricted stock units which correspond 1-for-1 with common stock.
F12 25% of the restricted stock units vested on July 1, 2020, with the remainder vesting in 6 equal semi-annual installments thereafter, provided the reporting person remains continuously employed on each vesting date and has no expiration date.
F13 The shares underlying the option exercised in this transaction were fully vested and exercisable. The remainder of the shares underlying the option shall continue to vest and become exercisable ratably in 4 equal semi-annual installments, provided the Reporting Person remains continuously employed by the Issuer on each vesting date