Hood Nancy 4
4 · 1stdibs.com, Inc. · Filed Jun 12, 2024
Insider Transaction Report
Form 4
Hood Nancy
Chief Marketing Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-06-10−9,127→ 100,403 total→ Common Stock (9,127 underlying) - Exercise/Conversion
Restricted Stock Units
2024-06-10−3,543→ 24,807 total→ Common Stock (3,543 underlying) - Exercise/Conversion
Common Stock
2024-06-10+23,229→ 95,976 total - Exercise/Conversion
Restricted Stock Units
2024-06-10−8,787→ 61,513 total→ Common Stock (8,787 underlying) - Tax Payment
Common Stock
2024-06-10$5.50/sh−9,352$51,436→ 86,624 total - Exercise/Conversion
Restricted Stock Units
2024-06-10−1,772→ 5,316 total→ Common Stock (1,772 underlying)
Footnotes (6)
- [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, March 14, 2023, and March 15, 2024. None of these shares were sold in an open market transaction.
- [F3]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 Issuerat such time. The restricted stock units have no expiration date.
- [F4]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.
- [F5]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.
- [F6]The initial number of restricted stock units granted shall vest in 12 equal quarterly installments starting on June 8, 2024, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.