RAINA MOSKOWITZ - 01 Jul 2021 Form 4 Insider Report for ETSY INC (ETSY)

Signature
/s/ Brittany Keen, as Attorney-in-Fact for Raina Moskowitz
Issuer symbol
ETSY
Transactions as of
01 Jul 2021
Net transactions value
-$126,290
Form type
4
Filing time
06 Jul 2021, 19:05:34 UTC
Previous filing
27 May 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 +1,189 +12% $0.000000 10,892 01 Jul 2021 Direct F1
transaction ETSY Common Stock Tax liability $126,290 -633 -5.8% $199.51 10,259 01 Jul 2021 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 -1,189 -25% $0.000000 3,569 01 Jul 2021 Common Stock 1,189 Direct F3, F4, F5
* 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 Represents restricted stock units which correspond 1-for-1 with common stock.
F4 25% of the restricted stock units vested on April 1, 2019, with the remainder vesting in 12 equal quarterly installments thereafter, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F5 Reflects and adjustment to total holding balance to fix a mathematical error in previously filed reports.