Form 4 for ETSY ETSY INC
Accepted 2023-03-17 00:00:00 ET · period of report 2023-03-15 · accession 0001209191-23-019700 · 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 | 2023-03-17 | 2023-03-15 | ETSY | Silverman Josh | Pres, CEO, Dir | S - Sale+OE | $103.28 | -20.9K | 109.9K | -16% | -$2.15M |
| D | 2023-03-17 | 2023-03-15 | ETSY | Silverman Josh | Pres, CEO, Dir | M - OptEx | $10.62 | +20.9K | 128.2K | +19% | +$221.4K |
| D | 2023-03-17 | 2023-03-15 | ETSY | Silverman Josh | Pres, CEO, Dir | M - OptEx | $0.00 | -20.9K | 2.01M | -1% | $0 |
| D | 2023-03-17 | 2023-03-15 | ETSY | Silverman Josh | Pres, CEO, Dir | A - Grant | $0.00 | +69.2K | 69.2K | New | $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 | 2023-03-15 | S | D | 2,623 | $101.73 | 125,532 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.16 to $102.135, 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. |
| 2 | Common | Common Stock | 2023-03-15 | M | A | 20,850 | $10.62 | 128,155 | D | — | — | |
| 3 | Common | Common Stock | 2023-03-15 | S | D | 2,614 | $104.56 | 107,305 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.21 to $105.125, 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. |
| 4 | Common | Common Stock | 2023-03-15 | S | D | 6,542 | $102.64 | 118,990 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.165 to $103.13, 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. |
| 5 | Common | Common Stock | 2023-03-15 | S | D | 9,071 | $103.81 | 109,919 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.205 to $104.17, 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. |
| 6 | Derivative | Employee Stock Option (Right to Buy) | 2023-03-15 | M | D | 20,850 | $0.00 | 2,005,100 | D | $10.62 · — to 2027-05-03 | 20,850 Common Stock | (F11) These stock options are part of a grant that vested as to 25% on May 4, 2018 with the remainder vesting in 36 equal monthly installments subject to continued service on each vesting date. |
| 7 | Derivative | Restricted Stock Units | 2023-03-15 | A | A | 69,235 | $0.00 | 69,235 | D | — · — to — | 69,235 Common Stock | (F8) The Reporting Person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Etsy, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation. (F9) Units correspond 1-for-1 with common stock. (F10) The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2023, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date. |