Gooden Nathan 4
4 · Squarespace, Inc. · Filed Feb 22, 2024
Insider Transaction Report
Form 4
Gooden Nathan
Chief Financial Officer
Transactions
- Tax Payment
Class A Common Stock
2024-02-20$31.25/sh−11,835$369,844→ 59,627 total - Exercise/Conversion
Restricted Stock Units
2024-02-20−32,350→ 248,025 totalExercise: $0.00→ Class A Common Stock (32,350 underlying) - Tax Payment
Class A Common Stock
2024-02-21$30.94/sh−12,522$387,431→ 71,632 total - Exercise/Conversion
Class A Common Stock
2024-02-20+32,350→ 71,462 total - Exercise/Conversion
Class A Common Stock
2024-02-21+24,527→ 84,154 total - Award
Performance Restricted Stock Units
2024-02-21+73,581→ 73,581 totalExercise: $0.00→ Class A Common Stock (73,581 underlying) - Exercise/Conversion
Performance Restricted Stock Units
2024-02-21−24,527→ 49,054 totalExercise: $0.00→ Class A Common Stock (24,527 underlying)
Footnotes (3)
- [F1]Shares withheld by Issuer to satisfy applicable withholding tax upon vesting of restricted stock units.
- [F2]On October 18, 2022, the reporting person received a grant of 431,345 restricted stock units, which vests as follows: (a) 35% on November 20, 2023, (b) 7.5% quarterly in year 2, (c) 5% quarterly in year 3, and (d) 3.75% quarterly in year 4 subject to continued employment through the applicable vesting date, provided, that if such date falls on a weekend or holiday, the vesting date shall be the first business day after such date.
- [F3]On September 8, 2023, the reporting person received a grant of restricted stock units, eligible to vest subject to the achievement of certain performance criteria and the satisfaction of service conditions. On February 21, 2024, the Compensation Committee determined that the performance criteria was met, resulting in the reporting person earning 73,581 restricted stock units that shall vest upon satisfaction of the following service conditions: (a) one-third immediately vested upon certification by the Compensation Committee on February 21, 2024, (b) one-third on February 20, 2025 and (c) one-third on February 20, 2026, subject to continued employment through the applicable vesting date, provided, that if such date falls on a weekend or holiday, the vesting date shall be the first business day after such date.