Beauchamp Ryan 4
4 · 1stdibs.com, Inc. · Filed Dec 11, 2024
Insider Transaction Report
Form 4
Beauchamp Ryan
Chief Product Officer
Transactions
- Exercise/Conversion
Common Stock
2024-12-09+13,750→ 67,898 total - Exercise/Conversion
Common Stock
2024-12-09+7,962→ 75,860 total - Tax Payment
Common Stock
2024-12-09$3.78/sh−7,828$29,590→ 68,032 total - Exercise/Conversion
Restricted Stock Units
2024-12-09−13,750→ 137,500 total→ Common Stock (13,750 underlying) - Exercise/Conversion
Restricted Stock Units
2024-12-09−7,962→ 71,663 total→ Common Stock (7,962 underlying)
Footnotes (4)
- [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 June 14, 2023 and March 15, 2024. None of these shares were sold in an open market transaction.
- [F3]Twenty-five percent (25%) of the restricted stock units shall vest on June 8, 2024, provided the Reporting Person continues to have a service relationship with the Issuer at such time. Thereafter, the remaining seventy-five percent (75%) of the restricted stock units shall vest in 12 equal quarterly installments starting on September 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, 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.