Thomas J. Etergino - 10 Mar 2025 Form 4 Insider Report for 1stdibs.com, Inc. (DIBS)

Role
Chief Financial Officer
Signature
/s/ Melanie Goins, Attorney-In-Fact for Thomas J Etergino
Issuer symbol
DIBS
Transactions as of
10 Mar 2025
Transactions value $
-$50,686
Form type
4
Filing time
12 Mar 2025, 20:17:06 UTC
Previous filing
11 Dec 2024
Next filing
17 Mar 2025
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 +16,562 +11.29% 163,222 10 Mar 2025 Direct F1
transaction DIBS Common Stock Options Exercise +14,104 +8.64% 177,326 10 Mar 2025 Direct F1
transaction DIBS Common Stock Options Exercise +11,175 +6.3% 188,501 10 Mar 2025 Direct F1
transaction DIBS Common Stock Tax liability -$50,685 -15,085 -8% $3.36 173,416 10 Mar 2025 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 -16,562 -16.67% $0 82,813 10 Mar 2025 Common Stock 16,562 Direct F1, F3
transaction DIBS Restricted Stock Units Options Exercise $0 -14,104 -20% $0 56,415 10 Mar 2025 Common Stock 14,104 Direct F1, F4
transaction DIBS Restricted Stock Units Options Exercise $0 -11,175 -7.69% $0 134,100 10 Mar 2025 Common Stock 11,175 Direct F1, F5
* 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 retained by 1stdibs, Inc. ("1stdibs") via settlement on a net withholding basis in order to meet the tax withholding obligations of the reporting person in connection with the vesting of an installment of restricted stock units ("RSUs") granted to the reporting person on June 2, 2022, March 14, 2023, and March 15, 2024. None of these shares were sold in an open market transaction.
F3 Twenty-five percent (25%) of the restricted stock units shall vest on June 8, 2023, provided the Reporting Person continues to have a service relationship with the Issuer at such time. Thereafter, the remaining seventy-five percent (75%) of the restricted stock units shall vest in 12 equal quarterly installments starting on September 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.
F4 The initial number of restricted stock units granted shall vest in 12 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.
F5 The initial number of restricted stock units granted shall vest in 16 equal quarterly installments starting on June 8, 2024, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.