Filing Details

Accession Number:
0001600641-23-000240
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-12-12 20:13:05
Reporting Period:
2023-12-08
Accepted Time:
2023-12-12 20:13:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1600641 1Stdibs.com Inc. DIBS () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1336088 J Thomas Etergino 51 Astor Place
Third Floor
New York NY 10003
Chief Financial 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 2023-12-08 30,667 $0.00 100,166 No 4 M Direct
Common Stock Disposition 2023-12-08 11,056 $4.74 89,110 No 4 F Direct
Common Stock Disposition 2023-12-12 3,550 $4.51 85,560 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F 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 2023-12-08 14,104 $0.00 14,104 $0.00
Common Stock Restricted Stock Units Disposition 2023-12-08 16,563 $0.00 16,563 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
126,934 No 4 M Direct
165,625 No 4 M Direct
Footnotes
  1. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
  2. 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 2, 2022 and March 14, 2023. None of these shares were sold in an open market transaction.
  3. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted September 11, 2023.
  4. 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.
  5. Twenty-five percent (25%) of the restricted stock units shall vest on June 8, 2023, 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, 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.