Form 4 for DIBS 1stdibs.com, Inc.
Accepted 2023-12-12 00:00:00 ET · period of report 2023-12-08 · accession 0001600641-23-000237 · 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 | 2023-12-12 | 2023-12-08 | DIBS | Rubinger Matthew | Chief Commercial Off | M - OptEx | — | +12.1K | 19.2K | +172% | — |
| D | 2023-12-12 | 2023-12-08 | DIBS | Rubinger Matthew | Chief Commercial Off | F - Tax | $4.74 | -4,366 | 14.8K | -23% | -$20.7K |
| DM | 2023-12-12 | 2023-12-08 | DIBS | Rubinger Matthew | Chief Commercial Off | M - OptEx | $0.00 | -12.1K | 82.8K | -13% | $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 | 2023-12-08 | M | A | 12,108 | — | 19,164 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. |
| 2 | Common | Common Stock | 2023-12-08 | F | D | 4,366 | $4.74 | 14,798 | D | — | — | (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 December 9, 2021 and March 14, 2023. None of these shares were sold in an open market transaction. |
| 3 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 2,904 | $0.00 | 23,233 | D | — · — to — | 2,904 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. (F4) Twenty-five percent (25%) of the restricted stock units shall vest on December 8, 2022, 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 March 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. |
| 4 | Derivative | Restricted Stock Units | 2023-12-08 | M | D | 9,204 | $0.00 | 82,842 | D | — · — to — | 9,204 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. (F3) 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. |