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ETSY INC — Director's Dealing 2025
Mar 7, 2025
30788_dirs_2025-03-07_848ce398-37e6-4ca8-80e0-638be259eba9.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: 2025-03-05
Reporting Person: Stretch Colin (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-03-05 | Performance Stock Unit | $ | A | 15547 | Acquired | Common Stock (15547) | 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 shares earned under a performance-based restricted stock unit ("PSU") award based on the Issuer's satisfaction of certain performance criteria of the award. Each PSU represents the contingent right to receive one share of common stock of the Issuer. In light of the performance-based conditions of the PSU award, such shares were not reportable under Section 16 until the performance conditions were certified by the Issuer's Compensation Committee as achieved (which occurred on March 5, 2025).
F4: The earned shares will vest in equal installments on each of April 1, 2025 and April 1, 2026, subject to the Reporting Person remaining continuously employed through each vesting date. The earned shares reported on this form represent 75% of the total number of shares subject to the PSU award. The remaining 25% of the shares subject to the PSU award will be earned upon the satisfaction of additional performance vesting criteria through the end of the applicable performance period.