RYAN M. SCOTT - 01 Jan 2022 Form 4 Insider Report for ETSY INC (ETSY)

Role: Chief Marketing Officer
Signature: /s/ Brittany Keen, as Attorney-In-Fact for Ryan Scott
Issuer symbol: ETSY
Transactions as of: 01 Jan 2022
Net transactions value: -$161,140
Form type: 4
Filing time: 04 Jan 2022, 20:18:03 UTC
Previous filing: 27 Oct 2021
Next filing: 05 Jan 2022
SEC: View on sec.gov

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 Jan 2022	Direct	F1
transaction	ETSY	Common Stock	Tax liability	$161,140	-736	-38%	$218.94	1,205	01 Jan 2022	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	-1,941	-25%	$0.000000	5,823	01 Jan 2022	Common Stock	1,941		Direct	F3, F4

* 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 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.