ETSY INC — Director's Dealing 2023

Apr 4, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ETSY INC (ETSY)
CIK: 0001370637
Period of Report: 2023-04-01

Reporting Person: Seymour Kimaria (Chief Human Resources Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-01	Common Stock	M	5004	$0.00	Acquired	7185	Direct
2023-04-01	Common Stock	F	2018	$111.33	Disposed	5167	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-01	Restricted Stock Units	$	M	3654	Disposed		Common Stock (3654)	Direct
2023-04-01	Performance Stock Units	$	M	1350	Disposed		Common Stock (1350)	Direct

Footnotes

F1: Shares of common stock acquired upon the vesting of the restricted stock units and performance-based 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 and performance-based restricted stock units.

F3: Represents restricted stock units which correspond 1-for-1 with common stock.

F4: The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2022, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.

F5: Represents performance-based restricted stock units which correspond 1-for-1 with common stock.

F6: The earned performance-based restricted stock units vest in equal installments on each of April 1, 2023, 2024 and 2025, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.

F7: On March 2, 2023, the Reporting Person filed a Form 4 which inadvertently reported 1,588 restricted stock units earned under a performance-based restricted stock unit award based on the Issuer's satisfaction of certain performance criteria, instead of 4,050 restricted stock units. Any remaining restricted stock units subject to the performance award will be earned only upon the satisfaction of additional performance vesting criteria. The securities beneficially owned following the reported transaction has been adjusted to reflect the correct number of performance-based restricted stock units acquired.