Form 4 for DIBS 1stdibs.com, Inc.
Accepted 2021-12-13 00:00:00 ET · period of report 2021-12-09 · accession 0001600641-21-000025 · 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 | 2021-12-13 | 2021-12-09 | DIBS | Zhang Xiaodi T. | Chief Product Off | M - OptEx | $3.40 | +66.9K | 221.7K | +43% | +$227.6K |
| DM | 2021-12-13 | 2021-12-09 | DIBS | Zhang Xiaodi T. | Chief Product Off | S - Sale+OE | $12.64 | -45.9K | 249.5K | -16% | -$580.9K |
| DM | 2021-12-13 | 2021-12-09 | DIBS | Zhang Xiaodi T. | Chief Product Off | M - OptEx | $0.00 | -66.9K | 1,042 | -98% | $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 | 2021-12-09 | M | A | 3,124 | $4.11 | 224,790 | D | — | — | |
| 2 | Common | Common Stock | 2021-12-09 | S | D | 16,874 | $12.84 | 232,595 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.44 to $13.23, inclusive. The reporting person undertakes to provide to Issuer, any security holder of 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. |
| 3 | Common | Common Stock | 2021-12-09 | S | D | 29,071 | $12.53 | 249,469 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.33 to $12.82, inclusive. The reporting person undertakes to provide to Issuer, any security holder of 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 | 2021-12-09 | M | A | 50,000 | $3.18 | 278,540 | D | — | — | |
| 5 | Common | Common Stock | 2021-12-09 | M | A | 3,750 | $4.56 | 228,540 | D | — | — | |
| 6 | Common | Common Stock | 2021-12-09 | M | A | 10,000 | $3.87 | 221,666 | D | — | — | |
| 7 | Derivative | Employee Stock Option (right to buy) | 2021-12-09 | M | D | 3,750 | $0.00 | 6,250 | D | $4.56 · — to 2029-05-14 | 3,750 Common Stock | (F7) Represents an initial option to purchase 60,000 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 1/48th of the shares vesting on each monthly anniversary of March 1, 2019, subject to the reporting person's continued service with the Issuer through the applicable vesting date. |
| 8 | Derivative | Employee Stock Option (right to buy) | 2021-12-09 | M | D | 10,000 | $0.00 | 18,333 | D | $3.87 · — to 2026-02-11 | 10,000 Common Stock | (F5) Represents an initial option to purchase 300,000 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 1/48th of the shares vesting on each monthly anniversary of January 1, 2016, subject to the reporting person's continued service with the Issuer through the applicable vesting date. |
| 9 | Derivative | Employee Stock Option (right to buy) | 2021-12-09 | M | D | 50,000 | $0.00 | 32,169 | D | $3.18 · — to 2022-06-29 | 50,000 Common Stock | (F4) Represents an initial option to purchase 527,232 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 25% of the shares vesting on January 1, 2013, and with 75% of the shares vesting in 36 equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting date. |
| 10 | Derivative | Employee Stock Option (right to buy) | 2021-12-09 | M | D | 3,124 | $0.00 | 1,042 | D | $4.11 · — to 2028-05-15 | 3,124 Common Stock | (F6) Represents an initial option to purchase 50,000 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 1/48th of the shares vesting on each monthly anniversary of March 1, 2018, subject to the reporting person's continued service with the Issuer through the applicable vesting date. |