ETSY INC — Director's Dealing 2021

Nov 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ETSY INC (ETSY)
CIK: 0001370637
Period of Report: 2021-11-15

Reporting Person: PATEL GOYAL KRUTI (Chief Product Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-15	Common Stock	M	3079	$28.38	Acquired	25708	Direct
2021-11-15	Common Stock	S	302	$272.55	Disposed	25406	Direct
2021-11-15	Common Stock	S	564	$273.83	Disposed	24842	Direct
2021-11-15	Common Stock	S	1069	$274.91	Disposed	23773	Direct
2021-11-15	Common Stock	S	1151	$276.19	Disposed	22622	Direct
2021-11-15	Common Stock	S	876	$277.02	Disposed	21746	Direct
2021-11-15	Common Stock	S	890	$277.98	Disposed	20856	Direct
2021-11-15	Common Stock	S	182	$278.82	Disposed	20674	Direct
2021-08-09	Common Stock	J	10692	$0.00	Acquired	10692	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-15	Employee Stock Option (Right to Buy)	$28.38	M	3079	Disposed	2028-03-14	Common Stock (3079)	Direct

Footnotes

F1: This exercise and subsequent sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 10, 2021.

F2: Does not include 10,692 shares contributed by the Reporting Person to a grantor retained annuity trust ("GRAT") on August 9, 2021. See footnote 10.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $272.39 to $273.33, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $273.45 to $274.44, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the 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.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.46 to $275.45, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the 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.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.60 to $276.59, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the 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.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.60 to $277.54, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the 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.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $277.71 to $278.39, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the 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.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $278.73 to $279.01, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the 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.

F10: These shares, which were previously reported as held directly, were contributed by the Reporting Person to the GRAT on August 9, 2021. The Reporting Person is the sole trustee of the GRAT.

F11: The shares underlying the option exercised in this transaction were fully vested and exercisable. The originally granted options are exercisable in 8 equal semi-annual installments beginning on October 1, 2018, provided the Reporting Person remains continuously employed on each vesting date.