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ETSY INC — Director's Dealing 2023
Jan 6, 2023
30788_dirs_2023-01-06_8d2471af-f8fe-4c4e-a166-05c41c016edc.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: ETSY INC (ETSY)
CIK: 0001370637
Period of Report: 2023-01-01
Reporting Person: Kumar Rachana (Chief Technology Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 8349 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $41.65 | 2030-03-15 | Common Stock (22126) | Direct | |
| Stock Option (Right to Buy) | $223.23 | 2031-03-14 | Common Stock (5224) | Direct | |
| Restricted Stock Units | $ | Common Stock (500) | Direct | ||
| Restricted Stock Units | $ | Common Stock (4862) | Direct | ||
| Restricted Stock Units | $ | Common Stock (2154) | Direct | ||
| Restricted Stock Units | $ | Common Stock (11009) | Direct |
Footnotes
F1: The shares underlying the stock option vest in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F2: The shares underlying the stock option vest in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F3: Represents restricted stock units ("RSUs"). Each RSU corresponds 1-for-1 with common stock. The Reporting Person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Etsy, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation.
F4: The RSUs vest in full on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on such vesting date.
F5: The RSUs vest in 3 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F6: The RSUs vest in 5 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.
F7: The RSUs vest in 7 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.