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1stdibs.com, Inc. — Director's Dealing 2022
Dec 12, 2022
34214_dirs_2022-12-12_7acaa70d-123d-4dda-99b0-f021a9f53733.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: 1stdibs.com, Inc. (DIBS)
CIK: 0001600641
Period of Report: 2022-06-08
Reporting Person: Etergino Thomas J (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-06-08 | Common Stock | $ | A | 265000 | Acquired | Restricted Stock Units (265000.0) | Direct | |
| 2022-06-08 | Employee Stock Option (right to buy) | $5.85 | A | 180000 | Acquired | 2032-06-03 | Common Stock (180000.0) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
F2: Twenty-five percent (25%) of the shares 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 shares 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 unites have no expiration date.
F3: Twenty-five percent (25%) of the shares 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 shares shall vest in 36 equal monthly installments starting on July 8, 2023, provided the Reporting Person continues to have a service relationship with the Issuer at such time.