Josh Silverman - Apr 1, 2025 Form 4 Insider Report for ETSY INC (ETSY)

Signature
/s/ Patrick Kavanaugh, Attorney-in-Fact
Stock symbol
ETSY
Transactions as of
Apr 1, 2025
Transactions value $
-$3,956,349
Form type
4
Date filed
4/3/2025, 05:45 PM
Previous filing
Mar 19, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ETSY Common Stock Options Exercise $0 +108K +2167.71% $0.00 113K Apr 1, 2025 Direct F1
transaction ETSY Common Stock Tax liability -$2.91M -60K -52.87% $48.53 53.5K Apr 1, 2025 Direct F2
transaction ETSY Common Stock Sale -$145K -3.06K -5.72% $47.48 50.4K Apr 1, 2025 Direct F3, F4
transaction ETSY Common Stock Sale -$852K -17.6K -34.96% $48.33 32.8K Apr 1, 2025 Direct F3, F5
transaction ETSY Common Stock Sale -$47.7K -979 -2.99% $48.76 31.8K Apr 1, 2025 Direct F3, F6
holding ETSY Common Stock 4.94K Apr 1, 2025 By GST Trust F7
holding ETSY Common Stock 16.9K Apr 1, 2025 By Non-GST Trust F8
holding ETSY Common Stock 42.3K Apr 1, 2025 By Irrevocable Trust
holding ETSY Common Stock 164K Apr 1, 2025 By GRAT F9

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 -3.1K -100% $0.00 0 Apr 1, 2025 Common Stock 3.1K Direct F10, F11
transaction ETSY Restricted Stock Units Options Exercise $0 -7.19K -33.33% $0.00 14.4K Apr 1, 2025 Common Stock 7.19K Direct F10, F12
transaction ETSY Restricted Stock Units Options Exercise $0 -8.65K -20% $0.00 34.6K Apr 1, 2025 Common Stock 8.65K Direct F10, F13
transaction ETSY Restricted Stock Units Options Exercise $0 -7.3K -7.69% $0.00 87.6K Apr 1, 2025 Common Stock 7.3K Direct F10, F14
transaction ETSY Performance Stock Units Options Exercise $0 -34.6K -100% $0.00 0 Apr 1, 2025 Common Stock 34.6K Direct F15, F16
transaction ETSY Performance Stock Units Options Exercise $0 -15.3K -100% $0.00 0 Apr 1, 2025 Common Stock 15.3K Direct F15, F17
transaction ETSY Performance Stock Units Options Exercise $0 -32.4K -50% $0.00 32.4K Apr 1, 2025 Common Stock 32.4K Direct F15, F18
* 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 the restricted stock units and performance 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 subsequent sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 5, 2024.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.73 to $47.72, 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 $47.73 to $48.715, 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 $48.74 to $48.80, 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 These shares are held by the JGS 2018 Irrevocable GST Trust (the "GST Trust"). The Reporting Person's spouse is the trustee of the GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F8 These shares are held by the JGS 2018 Irrevocable Non-GST Trust (the "Non-GST Trust"). The Reporting Person's spouse is the trustee of the Non-GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F9 These shares are held by a grantor retained annuity trust (the "GRAT"). The Reporting Person is the trustee and the beneficiary of the GRAT.
F10 Represents restricted stock units which correspond 1-for-1 with common stock.
F11 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F12 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2022, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
F13 The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2023, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date.
F14 The restricted stock units vest in 16 equal quarterly installments, beginning on July 1, 2024, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date.
F15 Represents performance-based restricted stock units which correspond 1-for-1 with common stock.
F16 The earned performance-based restricted stock units vested in equal installments on each of April 1, 2024 and April 1, 2025, provided the Reporting Person remained continuously employed on each vesting date and had no expiration date.
F17 75% of the earned performance-based restricted stock units vested in equal installments on each of April 1, 2023, 2024 and 2025, and remaining 25% vested on April 1, 2025, provided the Reporting Person remained continuously employed on each vesting date and had no expiration date.
F18 The earned performance-based restricted stock units vest in equal installments on each of April 1, 2025 and April 1, 2026, provided the Reporting Person remains continuously employed on each vesting date, and have no expiration date.