Form 4 for ETSY ETSY INC
Accepted 2023-04-04 00:00:00 ET · period of report 2023-04-01 · accession 0001209191-23-022849 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-04-04 | 2023-04-01 | ETSY | Daniel Nicholas | Chief Product Off | F - Tax | $111.33 | -2,894 | 8,704 | -25% | -$322.2K |
| D | 2023-04-04 | 2023-04-01 | ETSY | Daniel Nicholas | Chief Product Off | M - OptEx | $0.00 | +8,289 | 11.6K | +250% | $0 |
| DM | 2023-04-04 | 2023-04-01 | ETSY | Daniel Nicholas | Chief Product Off | M - OptEx | $0.00 | -8,289 | 469 | -95% | $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 | 2023-04-01 | F | D | 2,894 | $111.33 | 8,704 | D | — | — | |
| 2 | Common | Common Stock | 2023-04-01 | M | A | 8,289 | $0.00 | 11,598 | D | — | — | (F1) Shares of common stock acquired upon the vesting of the restricted stock units and performance-based restricted stock units. |
| 3 | Derivative | Restricted Stock Units | 2023-04-01 | M | D | 506 | $0.00 | 0 | D | — · — to — | 506 Common Stock | (F3) Represents restricted stock units which correspond 1-for-1 with common stock. (F4) The restricted stock units vested in full on April 1, 2023. |
| 4 | Derivative | Performance Stock Units | 2023-04-01 | M | D | 1,498 | $0.00 | 2,996 | D | — · — to — | 1,498 Common Stock | (F12) On March 2, 2023, the Reporting Person filed a Form 4 which inadvertently reported 1,762 restricted stock units earned under a performance-based restricted stock unit award based on the Issuer's satisfaction of certain performance criteria, instead of 4,494 restricted stock units. Any remaining restricted stock units subject to the performance award will be earned only upon the satisfaction of additional performance vesting criteria. The securities beneficially owned following the reported transaction has been adjusted to reflect the correct number of performance-based restricted stock units acquired. (F10) Represents performance-based restricted stock units which correspond 1-for-1 with common stock. (F11) The earned performance-based restricted stock units vest in equal installments on each of April 1, 2023, 2024 and 2025, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date. |
| 5 | Derivative | Restricted Stock Units | 2023-04-01 | M | D | 4,055 | $0.00 | 28,389 | D | — · — to — | 4,055 Common Stock | (F9) The number of restricted stock units has been adjusted to correct for an overstatement (by 2 units) of the number of restricted stock units acquired on a Form 4 filed on August 3, 2022. (F3) Represents restricted stock units which correspond 1-for-1 with common stock. (F8) The restricted stock units vest in 8 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date. |
| 6 | Derivative | Restricted Stock Units | 2023-04-01 | M | D | 1,573 | $0.00 | 9,436 | D | — · — to — | 1,573 Common Stock | (F3) Represents restricted stock units which correspond 1-for-1 with common stock. (F7) The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2022, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date. |
| 7 | Derivative | Restricted Stock Units | 2023-04-01 | M | D | 540 | $0.00 | 1,081 | D | — · — to — | 540 Common Stock | (F3) Represents restricted stock units which correspond 1-for-1 with common stock. (F5) The restricted stock units vest in 4 equal semi-annual installments, beginning on October 1, 2022, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date. |
| 8 | Derivative | Restricted Stock Units | 2023-04-01 | M | D | 117 | $0.00 | 469 | D | — · — to — | 117 Common Stock | (F3) Represents restricted stock units which correspond 1-for-1 with common stock. (F6) The restricted stock units vest in 6 equal semi-annual installments, beginning on October 1, 2022, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date. |