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ETSY INC — Director's Dealing 2024
Mar 7, 2024
30788_dirs_2024-03-07_7d73540a-d0bc-4c0e-abfd-9c0c75fad0df.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ETSY INC (ETSY)
CIK: 0001370637
Period of Report: 2024-03-05
Reporting Person: MOSKOWITZ RAINA (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-05 | Performance Stock Unit | $ | A | 2594 | Acquired | Common Stock (2594) | Direct |
Footnotes
F1: 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.
F2: Units correspond 1-for-1 with common stock.
F3: Represents the number of units earned under a performance-based restricted stock unit award (the "PSU") based on the Issuer's satisfaction of certain performance criteria of the award. In light of the performance-based conditions of the award, the award was not reportable under Section 16 until performance conditions were certified by the Compensation Committee as achieved (which occurred on March 5, 2024). The earned PSUs will vest in equal installments on each of April 1, 2024 and April 1, 2025, provided the Reporting Person remains continuously employed on each vesting date. Each PSU represents the contingent right to receive one share of common stock of the Issuer.