Filing Details

Accession Number:
0001104659-16-090879
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-01-21 21:43:51
Reporting Period:
2016-01-19
Filing Date:
2016-01-21
Accepted Time:
2016-01-21 21:43:51
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1370637 Etsy Inc ETSY Services-Business Services, Nec (7389) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1194696 James Breyer C/O Accel Partners, 428 University Ave
Palo Alto CA 94301
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2016-01-19 89,991 $6.80 1,446,005 No 4 S Indirect By James W. Breyer, Trustee of The James W. Breyer 2005 Trust, dated March 25, 2005
Common Stock Disposition 2016-01-19 51,891 $6.80 1,114,894 No 4 S Indirect By trusts for the benefit of James W. Breyer's children
Common Stock Disposition 2016-01-19 26,827 $6.80 576,386 No 4 S Indirect By Breyer Capital L.L.C.
Common Stock Disposition 2016-01-20 80,011 $6.41 1,365,994 No 4 S Indirect By James W. Breyer, Trustee of The James W. Breyer 2005 Trust, dated March 25, 2005
Common Stock Disposition 2016-01-20 46,137 $6.41 1,068,757 No 4 S Indirect By trusts for the benefit of James W. Breyer's children
Common Stock Disposition 2016-01-20 23,852 $6.41 552,534 No 4 S Indirect By Breyer Capital L.L.C.
Common Stock Disposition 2016-01-21 82,940 $7.07 1,283,054 No 4 S Indirect By James W. Breyer, Trustee of The James W. Breyer 2005 Trust, dated March 25, 2005
Common Stock Disposition 2016-01-21 47,821 $7.07 1,020,936 No 4 S Indirect By trusts for the benefit of James W. Breyer's children
Common Stock Disposition 2016-01-21 24,723 $7.07 527,811 No 4 S Indirect By Breyer Capital L.L.C.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By James W. Breyer, Trustee of The James W. Breyer 2005 Trust, dated March 25, 2005
No 4 S Indirect By trusts for the benefit of James W. Breyer's children
No 4 S Indirect By Breyer Capital L.L.C.
No 4 S Indirect By James W. Breyer, Trustee of The James W. Breyer 2005 Trust, dated March 25, 2005
No 4 S Indirect By trusts for the benefit of James W. Breyer's children
No 4 S Indirect By Breyer Capital L.L.C.
No 4 S Indirect By James W. Breyer, Trustee of The James W. Breyer 2005 Trust, dated March 25, 2005
No 4 S Indirect By trusts for the benefit of James W. Breyer's children
No 4 S Indirect By Breyer Capital L.L.C.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 4,459,702 Indirect By Accel X LP
Common Stock 385,466 Indirect By Accel X Strategic Partners L.P.
Common Stock 469,078 Indirect By Accel Investors 2008 L.L.C.
Common Stock 965,593 Indirect By Accel Growth Fund II L.P.
Common Stock 69,943 Indirect By Accel Growth Fund II Strategic Partners L.P.
Common Stock 94,006 Indirect By Accel Growth Fund Investors 2012 L.L.C.
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on August 20, 2015.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.55 to $7.07, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2),(6) and (7) to this Form 4.
  3. The Reporting Person is the trustee of The James W. Breyer 2005 Trust, dated March 25, 2005, and may, therefore, be deemed to beneficially own the shares held by the trust. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any.
  4. An immediate family member of the Reporting Person acts as trustee for these trusts. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any.
  5. The Reporting Person is the manager of Breyer Capital L.L.C. and may, therefore, be deemed to beneficially own the shares held by such company. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, if any.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.04 to $7.00, inclusive.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.71 to $7.26, inclusive.
  8. Accel X Associates L.L.C. ("A10A") is the general partner of Accel X L.P. ("A10") and Accel X Strategic Partners L.P. ("A10SP") and has sole voting and investment power over the shares held directly by such limited partnerships. The Reporting Person, Andrew G. Braccia, Kevin J. Efrusy, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock and Richard P. Wong are the managing members of A10A and Accel Investors 2008 L.L.C. ("AI2008") and, therefore, may be deemed to share voting and investment power with regard to the shares held directly by A10, A10SP and AI2008. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his or her pecuniary interest therein, if any. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
  9. Accel Growth Fund II Associates L.L.C. ("AGFA") is the general partner of Accel Growth Fund II L.P. ("AGF") and Accel Growth Fund II Strategic Partners L.P. ("AGFSP") and has sole voting and investment power with regard to the shares held directly by such limited partnerships. The Reporting Person, Andrew G. Braccia, Sameer K. Gandhi, Ping Li, Tracy L. Sedlock, Ryan J. Sweeney and Richard P. Wong are the managing members of AGFA and Accel Growth Fund Investors 2012 L.L.C. ("AGFI2012") and, therefore, may be deemed to share voting and investment power with regard to the shares held directly by AGF, AGFSP and AGFI2012. Each of such individuals disclaims beneficial ownership of such securities except to the extent of his or her pecuniary interest therein, if any. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.