Lipman Alison K. 4
4 · 1stdibs.com, Inc. · Filed Jun 12, 2024
Insider Transaction Report
Form 4
Lipman Alison K.
Chief People Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-06-10−8,370→ 58,590 total→ Common Stock (8,370 underlying) - Exercise/Conversion
Restricted Stock Units
2024-06-10−7,725→ 84,975 total→ Common Stock (7,725 underlying) - Tax Payment
Common Stock
2024-06-10$5.50/sh−8,071$44,391→ 72,217 total - Exercise/Conversion
Common Stock
2024-06-10+22,385→ 80,288 total - Exercise/Conversion
Restricted Stock Units
2024-06-10−4,193→ 29,357 total→ Common Stock (4,193 underlying) - Exercise/Conversion
Restricted Stock Units
2024-06-10−2,097→ 6,291 total→ Common Stock (2,097 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 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.
- [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.
- [F6]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.