Ross A. Paul - 08 Mar 2023 Form 4 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
08 Mar 2023
Transactions value $
-$37,174
Form type
4
Filing time
10 Mar 2023, 17:23:30
Previous filing
13 Dec 2022
Next filing
16 Mar 2023
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 +20.1K +13.25% 172K 08 Mar 2023 Direct F1
transaction DIBS Common Stock Sale -$37.2K -8.54K -4.96% $4.35 163K 09 Mar 2023 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 DIBS Restricted Stock Units Options Exercise $0 -10.1K -7.69% $0.00 121K 08 Mar 2023 Common Stock 10.1K Direct F1, F3
transaction DIBS Restricted Stock Units Options Exercise $0 -10.1K -20% $0.00 40.3K 08 Mar 2023 Common Stock 10.1K Direct F1, F4
* 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 These shares were sold to cover the tax withholding obligations created by the vesting of Reporting Person's restricted stock units.
F3 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.
F4 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.