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: Buckley Merilee (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-01	Common Stock	M	2344	$0.00	Acquired	2344	Direct
2021-10-01	Common Stock	F	1247	$204.37	Disposed	1097	Direct
2021-10-01	Common Stock	M	908	$19.16	Acquired	2005	Direct
2021-10-01	Common Stock	S	744	$200.00	Disposed	1261	Direct
2021-10-01	Common Stock	S	78	$201.32	Disposed	1183	Direct
2021-10-01	Common Stock	S	84	$204.59	Disposed	1099	Direct
2021-10-01	Common Stock	S	2	$206.50	Disposed	1097	Direct
2021-10-05	Common Stock	S	85	$201.07	Disposed	1012	Direct
2021-10-05	Common Stock	S	293	$202.75	Disposed	719	Direct
2021-10-05	Common Stock	S	509	$204.04	Disposed	210	Direct
2021-10-05	Common Stock	S	138	$204.71	Disposed	72	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-01	Restricted Stock Units	$	M	720	Disposed		Common Stock (720)	Direct
2021-10-01	Restricted Stock Units	$	M	303	Disposed		Common Stock (303)	Direct
2021-10-01	Restricted Stock Units	$	M	1166	Disposed		Common Stock (1166)	Direct
2021-10-01	Restricted Stock Units	$	M	155	Disposed		Common Stock (155)	Direct
2021-10-01	Employee Stock Option (Right to Buy)	$19.16	M	908	Disposed	2028-01-31	Common Stock (908)	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 19, 2021.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $200.24 to $201.10, 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 ranges 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 $202.22 to $203.13,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 ranges 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 $203.52 to $204.445, 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 ranges set forth in this footnote.

F7: Represents restricted stock units which correspond 1-for-1 with common stock.

F8: 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.

F9: 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.

F10: 25% of the restricted stock units vested on January 1, 2019, with the remainder vesting in 12 equal quarterly installments thereafter provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.

F11: 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.

F12: The shares underlying the option exercised in this transaction were fully vested and exercisable. 25% of the stock options became exercisable on February 1, 2019, with the remainder of the originally granted options exercisable in 36 equal monthly installments thereafter, provided the Reporting Person remains continuously employed on each vesting date.