1stdibs.com, Inc. — Director's Dealing 2021

Dec 14, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 1stdibs.com, Inc. (DIBS)
CIK: 0001600641
Period of Report: 2021-12-09

Reporting Person: Zhang Xiaodi T. (Chief Product Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-12-09	Common Stock	M	10000	$3.87	Acquired	221666	Direct
2021-12-09	Common Stock	M	3124	$4.11	Acquired	224790	Direct
2021-12-09	Common Stock	M	3750	$4.56	Acquired	228540	Direct
2021-12-09	Common Stock	M	50000	$3.18	Acquired	278540	Direct
2021-12-09	Common Stock	S	29071	$12.5326	Disposed	249469	Direct
2021-12-09	Common Stock	S	16874	$12.8422	Disposed	232595	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-12-09	Employee Stock Option (right to buy)	$3.18	M	50000	Disposed	2022-06-29	Common Stock (50000.0)	Direct
2021-12-09	Employee Stock Option (right to buy)	$3.87	M	10000	Disposed	2026-02-11	Common Stock (10000.0)	Direct
2021-12-09	Employee Stock Option (right to buy)	$4.11	M	3124	Disposed	2028-05-15	Common Stock (3124.0)	Direct
2021-12-09	Employee Stock Option (right to buy)	$4.56	M	3750	Disposed	2029-05-14	Common Stock (3750.0)	Direct

Footnotes

F1: These shares were sold to cover the exercise price and tax withholding obligations created by the exercise of Reporting Person's employee stock option (right to buy).

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.33 to $12.82, inclusive. The reporting person undertakes to provide to Issuer, any security holder of 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.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.44 to $13.23, inclusive. The reporting person undertakes to provide to Issuer, any security holder of 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.

F4: Represents an initial option to purchase 527,232 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 25% of the shares vesting on January 1, 2013, and with 75% of the shares vesting in 36 equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting date.

F5: Represents an initial option to purchase 300,000 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 1/48th of the shares vesting on each monthly anniversary of January 1, 2016, subject to the reporting person's continued service with the Issuer through the applicable vesting date.

F6: Represents an initial option to purchase 50,000 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 1/48th of the shares vesting on each monthly anniversary of March 1, 2018, subject to the reporting person's continued service with the Issuer through the applicable vesting date.

F7: Represents an initial option to purchase 60,000 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 1/48th of the shares vesting on each monthly anniversary of March 1, 2019, subject to the reporting person's continued service with the Issuer through the applicable vesting date.