ETSY INC — Director's Dealing 2021

Oct 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ETSY INC (ETSY)
CIK: 0001370637
Period of Report: 2021-10-01

Reporting Person: Glaser Rachel C (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-01	Common Stock	M	12832	$0.00	Acquired	44340	Direct
2021-10-01	Common Stock	F	7365	$204.37	Disposed	36975	Direct
2021-10-01	Common Stock	M	13500	$13.55	Acquired	50475	Direct
2021-10-01	Common Stock	S	643	$199.22	Disposed	49832	Direct
2021-10-01	Common Stock	S	3864	$200.06	Disposed	45968	Direct
2021-10-01	Common Stock	S	882	$201.50	Disposed	45086	Direct
2021-10-01	Common Stock	S	2461	$202.84	Disposed	42625	Direct
2021-10-01	Common Stock	S	4760	$203.61	Disposed	37865	Direct
2021-10-01	Common Stock	S	415	$204.44	Disposed	37450	Direct
2021-10-01	Common Stock	S	362	$206.95	Disposed	37088	Direct
2021-10-01	Common Stock	S	113	$207.95	Disposed	36975	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-01	Restricted Stock Units	$	M	5402	Disposed		Common Stock (5402)	Direct
2021-10-01	Restricted Stock Units	$	M	3466	Disposed		Common Stock (3466)	Direct
2021-10-01	Restricted Stock Units	$	M	2529	Disposed		Common Stock (2529)	Direct
2021-10-01	Restricted Stock Units	$	M	1435	Disposed		Common Stock (1435)	Direct
2021-10-01	Employee Stock Option (Right to Buy)	$13.55	M	13500	Disposed	2027-05-31	Common Stock (13500)	Direct

Footnotes

F1: Shares of common stock acquired upon the vesting of restricted stock units.

F2: This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units.

F3: This exercise and subsequent sales were made pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on March 2, 2021.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $198.74 to $199.51, 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 $199.75 to $200.73, 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 $201.07 to $202.00, 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 $202.15 to $203.14, 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 $203.17 to $204.09, 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 $204.18 to $204.59, 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.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $206.50 to $207.23, 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.

F11: Represents restricted stock units which correspond 1-for-1 with common stock.

F12: The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.

F13: The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2018, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.

F14: The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2019, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.

F15: The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.

F16: This option is fully vested as of July 1, 2021.