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1stdibs.com, Inc. — Director's Dealing 2022
Jun 11, 2022
34214_dirs_2022-06-10_2ac810ed-54ce-4e71-9d70-63deb9b93745.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: Paul Ross A. (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-08 | Common Stock | M | 10493 | $3.18 | Acquired | 129449 | Direct |
| 2022-06-08 | Common Stock | S | 8417 | $6.2979 | Disposed | 121032 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-06-08 | Employee Stock Option (right to buy) | $3.18 | M | 10493 | Disposed | 2022-06-29 | Common Stock (10493.0) | Direct |
Footnotes
F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.18 to $6.37, 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: Represents an initial option to purchase 620,272 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.