SCOTT RYAN M. 4

Accession 0001209191-23-022856

CIK 0001370637other

View on SEC.gov Company Profile

Filed

Apr 3, 8:00 PM ET

Accepted

Apr 4, 5:24 PM ET

Size

37.6 KB

Accession

0001209191-23-022856

Insider Transaction Report

Form 4

Period: 2023-04-01

ETSY INCETSY

SCOTT RYAN M.

Chief Marketing Officer

Transactions

Exercise/Conversion
Common Stock
2023-04-03$41.65/sh+6,146$255,981→ 11,000 total
Sale
Common Stock
2023-04-03$110.43/sh−192$21,203→ 4,854 total
Sale
Common Stock
2023-04-04$112.72/sh−577$65,039→ 1,703 total
Tax Payment
Common Stock
2023-04-01$111.33/sh−5,067$564,109→ 4,854 total
Sale
Common Stock
2023-04-03$106.95/sh−2,828$302,455→ 8,172 total
Sale
Common Stock
2023-04-03$107.61/sh−2,789$300,124→ 5,383 total
Sale
Common Stock
2023-04-04$110.35/sh−1,287$142,020→ 3,567 total
Sale
Common Stock
2023-04-04$114.39/sh−9$1,030→ 1,694 total
Exercise/Conversion
Restricted Stock Units
2023-04-01−1,149→ 4,593 total
→ Common Stock (1,149 underlying)
Exercise/Conversion
Performance Stock Units
2023-04-01−1,395→ 2,788 total
→ Common Stock (1,395 underlying)
Exercise/Conversion
Common Stock
2023-04-01+9,921→ 9,921 total
Sale
Common Stock
2023-04-03$108.45/sh−337$36,548→ 5,046 total
Sale
Common Stock
2023-04-04$111.01/sh−1,287$142,870→ 2,280 total
Exercise/Conversion
Restricted Stock Units
2023-04-01−3,602→ 7,203 total
→ Common Stock (3,602 underlying)
Exercise/Conversion
Restricted Stock Units
2023-04-01−3,775→ 22,647 total
→ Common Stock (3,775 underlying)
Exercise/Conversion
Stock Option (Right to Buy)
2023-04-03−6,146→ 12,293 total
Exercise: $41.65Exp: 2030-03-15→ Common Stock (6,146 underlying)

Footnotes (18)

[F1]Shares of common stock acquired upon the vesting of the restricted stock units and performance-based restricted stock units.
[F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.415 to $113.12, 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 ranges set forth in this footnote.
[F11]Represents restricted stock units which correspond 1-for-1 with common stock.
[F12]The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
[F13]The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
[F14]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.
[F15]Represents performance-based restricted stock units which correspond 1-for-1 with common stock.
[F16]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.
[F17]On March 2, 2023, the Reporting Person filed a Form 4 which inadvertently reported 1,640 restricted stock units earned under a performance-based restricted stock unit award based on the Issuer's satisfaction of certain performance criteria, instead of 4,183 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.
[F18]The stock options are exercisable in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date.
[F2]This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units and performance-based restricted stock units.
[F3]The exercise and sales reported herein were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 28, 2022, as amended May 13, 2022.
[F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.28 to $107.245, 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.
[F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.28 to $108.075, 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.
[F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.355 to $108.53, 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.
[F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.07 to $110.47, 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.
[F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.79 to $110.785, 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.
[F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.79 to $111.58, 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.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

ETSY INC

CIK 0001370637

→

Entity typeother

Related Parties

filerCIK 0001781188

Filing Metadata

Form type: 4
Filed: Apr 3, 8:00 PM ET
Accepted: Apr 4, 5:24 PM ET
Size: 37.6 KB

View on SEC.gov