Nicholas Daniel - 29 Jul 2022 Form 3 Insider Report for ETSY INC (ETSY)

Role
Chief Product Officer
Signature
Lynn Horwitz, Attorney-in-fact for Nicholas Daniel
Issuer symbol
ETSY
Transactions as of
29 Jul 2022
Net transactions value
$0
Form type
3
Filing time
03 Aug 2022, 17:39:25 UTC
Next filing
03 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ETSY Common Stock 3,877 29 Jul 2022 Direct

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
holding ETSY Stock Option (Right to Buy) 29 Jul 2022 Common Stock 1,229 $28.38 Direct F1
holding ETSY Stock Option (Right to Buy) 29 Jul 2022 Common Stock 7,460 $69.89 Direct F2
holding ETSY Stock Option (Right to Buy) 29 Jul 2022 Common Stock 7,375 $41.65 Direct F3
holding ETSY Stock Option (Right to Buy) 29 Jul 2022 Common Stock 1,420 $223.23 Direct F4
holding ETSY Restricted Stock Units 29 Jul 2022 Common Stock 1,012 Direct F5, F6
holding ETSY Restricted Stock Units 29 Jul 2022 Common Stock 2,161 Direct F5, F7
holding ETSY Restricted Stock Units 29 Jul 2022 Common Stock 703 Direct F5, F8
holding ETSY Restricted Stock Units 29 Jul 2022 Common Stock 12,581 Direct F5, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Immediately exercisable.
F2 Stock options to purchase 5,345 shares are immediately exercisable. The remainder will vest and become exercisable in 2 equal semi-annual installments, beginning on October 1, 2022, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F3 The shares underlying the stock option vest in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F4 The shares underlying the stock option vest in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F5 Represents restricted stock units ("RSUs"). Each RSU corresponds 1-for-1 with common stock. The Reporting Person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Etsy, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation.
F6 The RSUs vest in 2 equal semi-annual installments, beginning on October 1, 2022 provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F7 The RSUs vest in 4 equal semi-annual installments, beginning on October 1, 2022 provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F8 The RSUs vest in 6 equal semi-annual installments, beginning on October 1, 2022 provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F9 The RSUs vest in 8 equal semi-annual installments, beginning on October 1, 2022 provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney