ETSY INC — Director's Dealing 2021

Apr 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ETSY INC (ETSY)
CIK: 0001370637
Period of Report: 2021-04-01

Reporting Person: PATEL GOYAL KRUTI (Chief Product Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-01	Common Stock	M	11433	$0.00	Acquired	38408	Direct
2021-04-01	Common Stock	F	6087	$208.20	Disposed	32321	Direct
2021-04-01	Common Stock	M	3141	$10.23	Acquired	35462	Direct
2021-04-01	Common Stock	M	3659	$28.38	Acquired	39121	Direct
2021-04-01	Common Stock	S	1487	$206.05	Disposed	37634	Direct
2021-04-01	Common Stock	S	2117	$207.14	Disposed	35517	Direct
2021-04-01	Common Stock	S	1928	$207.93	Disposed	33589	Direct
2021-04-01	Common Stock	S	610	$209.70	Disposed	32979	Direct
2021-04-01	Common Stock	S	657	$210.73	Disposed	32322	Direct
2021-04-01	Common Stock	S	1	$211.34	Disposed	32321	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-01	Restricted Stock Units	$	M	1199	Disposed		Common Stock (1199)	Direct
2021-04-01	Restricted Stock Units	$	M	4159	Disposed		Common Stock (4159)	Direct
2021-04-01	Restricted Stock Units	$	M	4052	Disposed		Common Stock (4052)	Direct
2021-04-01	Restricted Stock units	$	M	2023	Disposed		Common Stock (2023)	Direct
2021-04-01	Employee Stock Option (Right to Buy)	$10.23	M	3141	Disposed	2027-03-14	Common Stock (3141)	Direct
2021-04-01	Employee Stock Option (Right to Buy)	$28.38	M	3659	Disposed	2028-03-14	Common Stock (3659)	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: These exercises and subsequent sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 26, 2019.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $205.48 to $206.45, 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 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 $206.50 to $207.49, 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 $207.51 to $208.48, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $209.16 to $210.01, 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 ranges 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 $210.18 to $211.05, 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.

F9: Represents restricted stock units which correspond 1-for-1 with common stock.

F10: The restricted stock units vest in 16 equal quarterly installments beginning on July 1, 2017, 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, 2018, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.

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, 2019, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.

F14: The shares underlying the option exercised in this transaction were fully vested and exercisable. The originally granted options are exercisable in 48 equal monthly installments beginning on April 15, 2017, provided the Reporting Person remains continuously employed on each vesting date.

F15: 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.