ETSY INC — Director's Dealing 2021

Jul 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ETSY INC (ETSY)
CIK: 0001370637
Period of Report: 2021-07-01

Reporting Person: Glaser Rachel C (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-07-01	Common Stock	M	5501	$0.00	Acquired	34436	Direct
2021-07-01	Common Stock	F	2928	$199.51	Disposed	31508	Direct
2021-07-01	Common Stock	M	13500	$13.55	Acquired	45008	Direct
2021-07-01	Common Stock	S	3138	$199.02	Disposed	41870	Direct
2021-07-01	Common Stock	S	6356	$199.91	Disposed	35514	Direct
2021-07-01	Common Stock	S	169	$200.58	Disposed	35345	Direct
2021-07-01	Common Stock	S	1436	$202.30	Disposed	33909	Direct
2021-07-01	Common Stock	S	1540	$203.34	Disposed	32369	Direct
2021-07-01	Common Stock	S	457	$205.37	Disposed	31912	Direct
2021-07-01	Common Stock	S	261	$207.26	Disposed	31651	Direct
2021-07-01	Common Stock	S	143	$207.68	Disposed	31508	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-07-01	Restricted Stock Units	$	M	5501	Disposed		Common Stock (5501)	Direct
2021-07-01	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 $198.49 to $199.445, 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 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 $199.495 to $200.145, 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 $201.85 to $202.81, 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 $202.865 to $203.76, 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 $204.80 to $205.67, 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 $206.595 to $207.565, 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: Represents restricted stock units which correspond 1-for-1 with common stock.

F11: 25% of the restricted stock units vested 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 and has no expiration date.

F12: This option is fully vested and exercisable as of July 1, 2021, subject to the Reporting Person's continued service with the Issuer through each such date.