Ross A. Paul - 01 Jun 2022 Form 4/A - Amendment Insider Report for 1stdibs.com, Inc. (DIBS)

Role
Chief Technology Officer
Signature
/s/ Melanie Goins, Attorney-In-Fact for Ross A. Paul
Issuer symbol
DIBS
Transactions as of
01 Jun 2022
Transactions value $
-$40,036
Form type
4/A - Amendment
Filing time
07 Jun 2022, 21:31:07
Date Of Original Report
03 Jun 2022
Previous filing
17 Mar 2022
Next filing
07 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DIBS Common Stock Options Exercise $60.4K +19K +19.87% $3.18 115K 01 Jun 2022 Direct
transaction DIBS Common Stock Sale -$80.3K -14.8K -12.88% $5.45 99.8K 01 Jun 2022 Direct F1
transaction DIBS Common Stock Options Exercise $52.5K +16.5K +16.53% $3.18 116K 02 Jun 2022 Direct
transaction DIBS Common Stock Sale -$72.5K -12.5K -10.75% $5.80 104K 02 Jun 2022 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 DIBS Employee Stock Option (right to buy) Options Exercise $0 -19K -17.69% $0.00 88.3K 01 Jun 2022 Common Stock 19K $3.18 Direct F2, F3
transaction DIBS Employee Stock Option (right to buy) Options Exercise $0 -16.5K -18.67% $0.00 71.8K 02 Jun 2022 Common Stock 16.5K $3.18 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 This Amended Form 4 amends that certain Form 4 filed by the Reporting Person on June 3, 2022 (the "Original Form 4"), which erroneously described the number of options exercised on June 1, 2022 pursuant to the Reporting Person's 10b5-1 trading plan. This Amended Form 4 also revises the Original Form 4 to disclose an additional option exercise on June 2, 2022 and the accurate number of shares of Common Stock held by the Reporting Person subsequent to such transactions on the dates indicated.
F3 Represents an initial option to purchase 620,272 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 25% of the shares vesting on January 1, 2013, and with 75% of the shares vesting in 36 equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting date.