ETSY INC — Director's Dealing 2021

Jan 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Buckley Merilee (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-01	Common Stock	M	1166	$0.00	Acquired	1529	Direct
2021-01-01	Common Stock	F	455	$177.91	Disposed	1074	Direct
2021-01-04	Common Stock	M	908	$19.16	Acquired	1982	Direct
2021-01-04	Common Stock	S	186	$170.87	Disposed	1796	Direct
2021-01-04	Common Stock	S	403	$172.22	Disposed	1393	Direct
2021-01-04	Common Stock	S	243	$174.59	Disposed	1150	Direct
2021-01-04	Common Stock	S	74	$176.24	Disposed	1076	Direct
2021-01-04	Common Stock	S	2	$179.52	Disposed	1074	Direct
2021-01-05	Common Stock	S	2	$170.19	Disposed	1072	Direct
2021-01-05	Common Stock	S	260	$173.25	Disposed	812	Direct
2021-01-05	Common Stock	S	448	$174.51	Disposed	364	Direct
2021-01-05	Common Stock	S	1	$175.13	Disposed	363	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-01-01	Restricted Stock Units	$	M	1166	Disposed		Common Stock (1166)	Direct
2021-01-04	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 sales were made pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on March 11, 2019.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.40 to $171.35, 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 $171.80 to $172.55, 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 $174.20 to $174.92, 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 $172.73 to $173.575, 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 $173.98 to $174.935, 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: 25% of the restricted stock units vested on February 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 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.