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ETSY INC — Director's Dealing 2017
Jun 5, 2017
30788_dirs_2017-06-05_b028477d-2879-4b87-ab88-b62b57fa72f6.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ETSY INC (ETSY)
CIK: 0001370637
Period of Report: 2017-06-01
Reporting Person: Glaser Rachel C (CHIEF FINANCIAL OFFICER)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-06-01 | Employee stock option (right to buy) | $13.55 | A | 171124 | Acquired | 2027-05-31 | Common Stock (171124.0) | Direct |
| 2017-06-01 | Restricted Stock Units | $ | A | 88013 | Acquired | Common Stock (88013.0) | Direct |
Footnotes
F1: 25% of the stock option will become exercisable on June 1, 2018, with the remainder exercisable in 36 equal monthly installments thereafter, provided the reporting person remains continuously employed on each vesting date.
F2: The reporting person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Etsy, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation.
F3: Units correspond 1-for-1 with common stock.
F4: 25% of the restricted stock units will vest on July 1, 2018, with the remainder vesting in 12 equal quarterly installments thereafter, provided the reporting person remains continuously employed on each vesting date.