0001209191-21-062207.txt : 20211101 0001209191-21-062207.hdr.sgml : 20211101 20211101165807 ACCESSION NUMBER: 0001209191-21-062207 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211028 FILED AS OF DATE: 20211101 DATE AS OF CHANGE: 20211101 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Silverman Josh CENTRAL INDEX KEY: 0001525358 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36911 FILM NUMBER: 211367978 MAIL ADDRESS: STREET 1: 117 ADAMS STREET CITY: BROOKLYN STATE: NY ZIP: 11201 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ETSY INC CENTRAL INDEX KEY: 0001370637 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 117 ADAMS STREET CITY: BROOKLYN STATE: NY ZIP: 11201 BUSINESS PHONE: (718) 880-3660 MAIL ADDRESS: STREET 1: 117 ADAMS STREET CITY: BROOKLYN STATE: NY ZIP: 11201 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-10-28 0 0001370637 ETSY INC ETSY 0001525358 Silverman Josh C/O ETSY INC. 117 ADAMS STREET BROOKLYN NY 11201 1 1 0 0 President & CEO Common Stock 2021-10-28 4 M 0 32500 10.62 A 33821 D Common Stock 2021-10-28 4 S 0 816 236.45 D 33005 D Common Stock 2021-10-28 4 S 0 324 238.47 D 32681 D Common Stock 2021-10-28 4 S 0 1640 240.44 D 31041 D Common Stock 2021-10-28 4 S 0 1544 241.69 D 29497 D Common Stock 2021-10-28 4 S 0 11975 242.95 D 17522 D Common Stock 2021-10-28 4 S 0 12043 243.74 D 5479 D Common Stock 2021-10-28 4 S 0 3441 244.75 D 2038 D Common Stock 2021-10-28 4 S 0 717 245.70 D 1321 D Common Stock 2021-10-29 4 M 0 5500 10.62 A 6821 D Common Stock 2021-10-29 4 S 0 5500 250.00 D 1321 D Common Stock 4942 I By GST Trust Common Stock 16886 I By Non-GST Trust Common Stock 42269 I By Irrevocable Trust Employee Stock Option (Right to Buy) 10.62 2021-10-28 4 M 0 32500 0.00 D 2027-05-03 Common Stock 32500 2853500 D Employee Stock Option (Right to Buy) 10.62 2021-10-29 4 M 0 5500 0.00 D 2027-05-03 Common Stock 5500 2848000 D These exercises and subsequent sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 12, 2021. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $237.06 to $237.51, 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 range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $238.35 to $238.78, 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 range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $240.02 to $240.82, 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 range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $241.36 to $242.29 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 range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $242.36 to $243.35, 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 range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $243.36 to $244.33, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.37 to $245.14, 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 range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.43 to $246.08, 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. These shares are held by the JGS 2018 Irrevocable GST Trust (the "GST Trust"). The Reporting Person's spouse is the trustee of the GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. These shares are held by the JGS 2018 Irrevocable Non-GST Trust (the "Non-GST Trust"). The Reporting Person's spouse is the trustee of the Non-GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. The shares underlying the option exercised in this transaction were fully vested and exercisable. 25% of the stock options became exercisable on May 4, 2018, with the remainder of the originally granted options exercisable in 36 equal monthly installments beginning on June 4, 2018, provided the Reporting Person remains continuously employed on each vesting date. /s/ Brittany Keen, as Attorney-in-Fact for Josh Silverman 2021-11-01