Form 4 for ETSY ETSY INC
Accepted 2021-11-09 00:00:00 ET · period of report 2021-11-05 · accession 0001209191-21-063667 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-11-09 | 2021-11-05 | ETSY | Fisher Michael T | CTO | S - Sale+OE | $260.50 | -21.3K | 8,896 | -71% | -$5.56M |
| DMI | 2021-11-09 | 2021-11-05 | ETSY | Fisher Michael T | CTO | S - Sale+OE | $261.03 | -18.9K | 0 | -100% | -$4.92M |
| DI | 2021-11-09 | 2021-08-09 | ETSY | Fisher Michael T | CTO | J - Other | $0.00 | +11.2K | 11.2K | New | $0 |
| DM | 2021-11-09 | 2021-11-05 | ETSY | Fisher Michael T | CTO | M - OptEx | $55.85 | +21.3K | 30.0K | +248% | +$1.19M |
| DM | 2021-11-09 | 2021-11-05 | ETSY | Fisher Michael T | CTO | M - OptEx | $0.00 | -21.3K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-05 | S | D | 904 | $260.67 | 19,500 | D By GRAT | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.43 to $261.21, 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. (F16) These shares, which were previously reported as held directly, were contributed by the Reporting Person to the GRAT on August 9, 2021. The Reporting Person is the sole trustee of the GRAT. |
| 2 | Common | Common Stock | 2021-11-05 | S | D | 279 | $264.04 | 8,617 | D By GRAT | — | — | (F8) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $264.03 to $264.11, 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. (F16) These shares, which were previously reported as held directly, were contributed by the Reporting Person to the GRAT on August 9, 2021. The Reporting Person is the sole trustee of the GRAT. |
| 3 | Common | Common Stock | 2021-11-05 | S | D | 692 | $257.41 | 6,941 | I By GRAT | — | — | (F9) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $256.89 to $257.85, 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. (F16) These shares, which were previously reported as held directly, were contributed by the Reporting Person to the GRAT on August 9, 2021. The Reporting Person is the sole trustee of the GRAT. |
| 4 | Common | Common Stock | 2021-11-05 | S | D | 300 | $258.24 | 6,641 | I By GRAT | — | — | (F11) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $258.00 to $258.44, 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. (F16) These shares, which were previously reported as held directly, were contributed by the Reporting Person to the GRAT on August 9, 2021. The Reporting Person is the sole trustee of the GRAT. |
| 5 | Common | Common Stock | 2021-11-05 | S | D | 1,200 | $259.82 | 5,441 | I By GRAT | — | — | (F12) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $259.35 to $260.30, 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. (F16) These shares, which were previously reported as held directly, were contributed by the Reporting Person to the GRAT on August 9, 2021. The Reporting Person is the sole trustee of the GRAT. |
| 6 | Common | Common Stock | 2021-11-05 | S | D | 700 | $260.78 | 4,741 | I By GRAT | — | — | (F13) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.39 to $261.38, 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. (F16) These shares, which were previously reported as held directly, were contributed by the Reporting Person to the GRAT on August 9, 2021. The Reporting Person is the sole trustee of the GRAT. |
| 7 | Common | Common Stock | 2021-11-05 | S | D | 4,233 | $261.96 | 508 | I | — | — | (F14) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.43 to $261.99, 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. |
| 8 | Common | Common Stock | 2021-11-05 | S | D | 400 | $263.21 | 108 | I | — | — | (F15) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.95 to $263.51, 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. |
| 9 | Common | Common Stock | 2021-11-05 | S | D | 108 | $264.99 | 0 | I | — | — | |
| 10 | Common | Common Stock | 2021-08-09 | J | A | 11,221 | $0.00 | 11,221 | I | — | — | |
| 11 | Common | Common Stock | 2021-11-05 | S | D | 1,461 | $257.78 | 9,760 | I | — | — | (F17) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.38 to $258.30, 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. |
| 12 | Common | Common Stock | 2021-11-05 | S | D | 500 | $258.98 | 9,260 | I | — | — | (F18) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $258.44 to $259.40, 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. |
| 13 | Common | Common Stock | 2021-11-05 | S | D | 2,200 | $260.01 | 7,060 | I | — | — | (F19) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $259.50 to $260.49, 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. |
| 14 | Common | Common Stock | 2021-11-05 | S | D | 410 | $260.95 | 6,650 | I | — | — | (F20) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.52 to $261.22, 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. |
| 15 | Common | Common Stock | 2021-11-05 | S | D | 5,650 | $261.98 | 1,000 | I | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.43 to $261.21, 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. |
| 16 | Common | Common Stock | 2021-11-05 | S | D | 800 | $263.17 | 200 | I | — | — | (F21) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.92 to $263.90, 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. |
| 17 | Common | Common Stock | 2021-11-05 | S | D | 200 | $264.10 | 0 | I | — | — | (F22) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $264.06 to $264.13, 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. |
| 18 | Common | Common Stock | 2021-11-05 | M | A | 5,209 | $14.31 | 13,826 | D By Trust | — | — | (F1) Does not include 11,221 shares contributed by the Reporting Person to a grantor retained annuity trust ("GRAT") on August 9, 2021. See footnote 16. (F10) These shares are held by The Michael T. Fisher 2020 Irrevocable Trust (the "Trust") for the benefit of the Reporting Person's spouse. The Reporting Person's spouse is the trustee of the 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. |
| 19 | Common | Common Stock | 2021-11-05 | M | A | 5,288 | $69.89 | 19,114 | D By Trust | — | — | (F10) These shares are held by The Michael T. Fisher 2020 Irrevocable Trust (the "Trust") for the benefit of the Reporting Person's spouse. The Reporting Person's spouse is the trustee of the 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. |
| 20 | Common | Common Stock | 2021-11-05 | M | A | 9,220 | $41.65 | 28,334 | D By Trust | — | — | (F10) These shares are held by The Michael T. Fisher 2020 Irrevocable Trust (the "Trust") for the benefit of the Reporting Person's spouse. The Reporting Person's spouse is the trustee of the 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. |
| 21 | Common | Common Stock | 2021-11-05 | M | A | 1,632 | $223.23 | 29,966 | D By Trust | — | — | (F10) These shares are held by The Michael T. Fisher 2020 Irrevocable Trust (the "Trust") for the benefit of the Reporting Person's spouse. The Reporting Person's spouse is the trustee of the 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. |
| 22 | Common | Common Stock | 2021-11-05 | S | D | 2,415 | $257.45 | 27,551 | D By Trust | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $256.90 to $257.88, 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. (F10) These shares are held by The Michael T. Fisher 2020 Irrevocable Trust (the "Trust") for the benefit of the Reporting Person's spouse. The Reporting Person's spouse is the trustee of the 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. |
| 23 | Common | Common Stock | 2021-11-05 | S | D | 3,739 | $258.34 | 23,812 | D By Trust | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.90 to $258.70, 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. (F10) These shares are held by The Michael T. Fisher 2020 Irrevocable Trust (the "Trust") for the benefit of the Reporting Person's spouse. The Reporting Person's spouse is the trustee of the 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. |
| 24 | Common | Common Stock | 2021-11-05 | S | D | 3,408 | $259.86 | 20,404 | D By Trust | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $259.35 to $260.22, 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. (F10) These shares are held by The Michael T. Fisher 2020 Irrevocable Trust (the "Trust") for the benefit of the Reporting Person's spouse. The Reporting Person's spouse is the trustee of the 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. |
| 25 | Common | Common Stock | 2021-11-05 | S | D | 9,949 | $261.98 | 9,551 | D By GRAT | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $261.61 to $262.575, 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. (F16) These shares, which were previously reported as held directly, were contributed by the Reporting Person to the GRAT on August 9, 2021. The Reporting Person is the sole trustee of the GRAT. |
| 26 | Common | Common Stock | 2021-11-05 | S | D | 655 | $263.34 | 8,896 | D By GRAT | — | — | (F7) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $262.93 to $263.92, 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. (F16) These shares, which were previously reported as held directly, were contributed by the Reporting Person to the GRAT on August 9, 2021. The Reporting Person is the sole trustee of the GRAT. |
| 27 | Derivative | Employee Stock Option (Right to Buy) | 2021-11-05 | M | D | 9,220 | $0.00 | 46,097 | D | $41.65 · — to 2030-03-15 | 9,220 Common Stock | (F25) The shares underlying the option exercised in this transaction were fully vested and exercisable. The stock option vests in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date. |
| 28 | Derivative | Employee Stock Option (Right to Buy) | 2021-11-05 | M | D | 1,632 | $0.00 | 11,428 | D | $223.23 · — to 2031-03-14 | 1,632 Common Stock | (F26) The shares underlying the option exercised in this transaction were fully vested and exercisable. The stock option vests in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed on each vesting date. |
| 29 | Derivative | Employee Stock Option (Right to Buy) | 2021-11-05 | M | D | 5,288 | $0.00 | 15,863 | D | $69.89 · — to 2029-03-14 | 5,288 Common Stock | (F24) The shares underlying the option exercised in this transaction were fully vested and exercisable. The stock option vests in 8 equal semi-annual installments, beginning on October 1, 2019, provided the Reporting Person remains continuously employed on each vesting date. |
| 30 | Derivative | Employee Stock Option (Right to Buy) | 2021-11-05 | M | D | 5,209 | $0.00 | 0 | D | $14.31 · — to 2027-07-31 | 5,209 Common Stock | (F23) The shares underlying the option exercised in this transaction were fully vested and exercisable. The shares underlying the option continued to vest and become exercisable ratably on a monthly basis on the first day of each month through August 1, 2021, subject to the Reporting Person's continued service with the Issuer through such date. |