Filing Details

Accession Number:
0001209191-23-022856
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-04-04 17:24:41
Reporting Period:
2023-04-01
Accepted Time:
2023-04-04 17:24:41
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
1781188 M. Ryan Scott C/O Etsy, Inc.
117 Adams Street
Brooklyn NY 11201
Chief Marketing Officer No Yes 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 Acquisiton 2023-04-01 9,921 $0.00 9,921 No 4 M Direct
Common Stock Disposition 2023-04-01 5,067 $111.33 4,854 No 4 F Direct
Common Stock Acquisiton 2023-04-03 6,146 $41.65 11,000 No 4 M Direct
Common Stock Disposition 2023-04-03 2,828 $106.95 8,172 No 4 S Direct
Common Stock Disposition 2023-04-03 2,789 $107.61 5,383 No 4 S Direct
Common Stock Disposition 2023-04-03 337 $108.45 5,046 No 4 S Direct
Common Stock Disposition 2023-04-03 192 $110.43 4,854 No 4 S Direct
Common Stock Disposition 2023-04-04 1,287 $110.35 3,567 No 4 S Direct
Common Stock Disposition 2023-04-04 1,287 $111.01 2,280 No 4 S Direct
Common Stock Disposition 2023-04-04 577 $112.72 1,703 No 4 S Direct
Common Stock Disposition 2023-04-04 9 $114.39 1,694 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2023-04-01 3,602 $0.00 3,602 $0.00
Common Stock Restricted Stock Units Disposition 2023-04-01 1,149 $0.00 1,149 $0.00
Common Stock Restricted Stock Units Disposition 2023-04-01 3,775 $0.00 3,775 $0.00
Common Stock Performance Stock Units Disposition 2023-04-01 1,395 $0.00 1,395 $0.00
Common Stock Stock Option (Right to Buy) Disposition 2023-04-03 6,146 $0.00 6,146 $41.65
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,203 No 4 M Direct
4,593 No 4 M Direct
22,647 No 4 M Direct
2,788 No 4 M Direct
12,293 2030-03-15 No 4 M Direct
Footnotes
  1. Shares of common stock acquired upon the vesting of the restricted stock units and performance-based restricted stock units.
  2. This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units and performance-based restricted stock units.
  3. The exercise and sales reported herein were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 28, 2022, as amended May 13, 2022.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.28 to $107.245, 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 range set forth in this footnote.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.28 to $108.075, 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 range set forth in this footnote.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.355 to $108.53, 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 range set forth in this footnote.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.07 to $110.47, 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 range set forth in this footnote.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.79 to $110.785, 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 range set forth in this footnote.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.79 to $111.58, 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 range set forth in this footnote.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.415 to $113.12, 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 this footnote.
  11. Represents restricted stock units which correspond 1-for-1 with common stock.
  12. The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
  13. The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
  14. The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2022, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
  15. Represents performance-based restricted stock units which correspond 1-for-1 with common stock.
  16. The earned performance-based restricted stock units vest in equal installments on each of April 1, 2023, 2024 and 2025, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
  17. On March 2, 2023, the Reporting Person filed a Form 4 which inadvertently reported 1,640 restricted stock units earned under a performance-based restricted stock unit award based on the Issuer's satisfaction of certain performance criteria, instead of 4,183 restricted stock units. Any remaining restricted stock units subject to the performance award will be earned only upon the satisfaction of additional performance vesting criteria. The securities beneficially owned following the reported transaction has been adjusted to reflect the correct number of performance-based restricted stock units acquired.
  18. The stock options are exercisable in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date.