4//SEC Filing
Seymour Kimaria 4
Accession 0001209191-23-022860
CIK 0001370637other
Filed
Apr 3, 8:00 PM ET
Accepted
Apr 4, 5:25 PM ET
Size
12.4 KB
Accession
0001209191-23-022860
Insider Transaction Report
Form 4
ETSY INCETSY
Seymour Kimaria
Chief Human Resources Officer
Transactions
- Exercise/Conversion
Common Stock
2023-04-01+5,004→ 7,185 total - Tax Payment
Common Stock
2023-04-01$111.33/sh−2,018$224,664→ 5,167 total - Exercise/Conversion
Restricted Stock Units
2023-04-01−3,654→ 25,580 total→ Common Stock (3,654 underlying) - Exercise/Conversion
Performance Stock Units
2023-04-01−1,350→ 2,700 total→ Common Stock (1,350 underlying)
Footnotes (7)
- [F1]Shares of common stock acquired upon the vesting of the restricted stock units and performance-based restricted stock units.
- [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]Represents restricted stock units which correspond 1-for-1 with common stock.
- [F4]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.
- [F5]Represents performance-based restricted stock units which correspond 1-for-1 with common stock.
- [F6]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.
- [F7]On March 2, 2023, the Reporting Person filed a Form 4 which inadvertently reported 1,588 restricted stock units earned under a performance-based restricted stock unit award based on the Issuer's satisfaction of certain performance criteria, instead of 4,050 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.
Documents
Issuer
ETSY INC
CIK 0001370637
Entity typeother
Related Parties
1- filerCIK 0001922077
Filing Metadata
- Form type
- 4
- Filed
- Apr 3, 8:00 PM ET
- Accepted
- Apr 4, 5:25 PM ET
- Size
- 12.4 KB