Rachana Kumar - 12 Jul 2024 Form 4 Insider Report for ETSY INC (ETSY)

Signature
/s/ Brittany Keen, Attorney-in-Fact
Issuer symbol
ETSY
Transactions as of
12 Jul 2024
Net transactions value
-$8,752
Form type
4
Filing time
16 Jul 2024, 17:48:04 UTC
Previous filing
03 Jul 2024
Next filing
05 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $6,248 +150 +0.68% $41.65 22,189 12 Jul 2024 Direct F1
transaction ETSY Common Stock Sale $15,000 -250 -1.1% $60.00 21,939 12 Jul 2024 Direct F1

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 Employee Stock Option (Right to Buy) Options Exercise $0 -150 -0.69% $0.000000 21,676 12 Jul 2024 Common Stock 150 $41.65 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 6, 2024.
F2 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.