Lipman Alison K. 4
4 · 1stdibs.com, Inc. · Filed Dec 12, 2023
Insider Transaction Report
Form 4
Lipman Alison K.
Chief People Officer
Transactions
- Tax Payment
Common Stock
2023-12-08$4.74/sh−5,286$25,056→ 48,528 total - Exercise/Conversion
Restricted Stock Units
2023-12-08−2,097→ 10,485 total→ Common Stock (2,097 underlying) - Exercise/Conversion
Restricted Stock Units
2023-12-08−8,370→ 75,330 total→ Common Stock (8,370 underlying) - Exercise/Conversion
Restricted Stock Units
2023-12-08−4,194→ 37,744 total→ Common Stock (4,194 underlying) - Award
Common Stock
2023-12-08+14,661→ 53,814 total
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- [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 March 15, 2022 and March 14, 2023 . None of these shares were sold in an open market transaction.
- [F3]Fifty percent (50%) of the initial number of restricted stock units granted shall vest in 4 equal quarterly installments starting on June 8, 2022, provided the Reporting Person continues to have a service relationship with the Issuer at such time. Thereafter, fifty percent (50%) of the initial number of restricted stock units granted shall vest in 8 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.
- [F4]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.
- [F5]The initial number of restricted stock units granted shall vest in 16 equal quarterly installments starting on June 8, 2022, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.