Melanie Goins - 08 Jun 2022 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Role
General Counsel
Signature
/s/ Melanie Goins
Issuer symbol
DIBS
Transactions as of
08 Jun 2022
Transactions value $
$0
Form type
4
Filing time
10 Jun 2022, 21:29:28 UTC
Previous filing
17 Mar 2022
Next filing
16 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 +10.7K 10.7K 08 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 Restricted Stock Units Options Exercise $0 -5.33K -6.25% $0.00 80K 08 Jun 2022 Common Stock 5.33K Direct F1, F2
transaction DIBS Restricted Stock Units Options Exercise $0 -5.33K -12.5% $0.00 37.3K 08 Jun 2022 Common Stock 5.33K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F2 The initial number of restricted stock units granted shall vest in 16 equal quarterly installments starting on June 8, 2022, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.
F3 Fifty percent (50%) of the initial number of restricted stock units granted shall vest in 4 equal quarterly installments starting on June 8, 2022, provided the Reporting Person continues to have a service relationship with the Issuer at such time. Thereafter, fifty percent (50%) of the initial number of restricted stock units granted shall vest in 8 equal quarterly installments starting on June 8, 2023, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.