0001209191-23-022849.txt : 20230404
0001209191-23-022849.hdr.sgml : 20230404
20230404172139
ACCESSION NUMBER: 0001209191-23-022849
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230401
FILED AS OF DATE: 20230404
DATE AS OF CHANGE: 20230404
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Daniel Nicholas
CENTRAL INDEX KEY: 0001938056
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36911
FILM NUMBER: 23799497
MAIL ADDRESS:
STREET 1: C/O ETSY, INC.
STREET 2: 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
X0407
4
2023-04-01
0
0001370637
ETSY INC
ETSY
0001938056
Daniel Nicholas
C/O ETSY, INC.
117 ADAMS STREET
BROOKLYN
NY
11201
0
1
0
0
Chief Product Officer
0
Common Stock
2023-04-01
4
M
0
8289
0.00
A
11598
D
Common Stock
2023-04-01
4
F
0
2894
111.33
D
8704
D
Restricted Stock Units
2023-04-01
4
M
0
506
0.00
D
Common Stock
506
0
D
Restricted Stock Units
2023-04-01
4
M
0
540
0.00
D
Common Stock
540
1081
D
Restricted Stock Units
2023-04-01
4
M
0
117
0.00
D
Common Stock
117
469
D
Restricted Stock Units
2023-04-01
4
M
0
1573
0.00
D
Common Stock
1573
9436
D
Restricted Stock Units
2023-04-01
4
M
0
4055
0.00
D
Common Stock
4055
28389
D
Performance Stock Units
2023-04-01
4
M
0
1498
0.00
D
Common Stock
1498
2996
D
Shares of common stock acquired upon the vesting of the restricted stock units and performance-based restricted stock units.
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.
Represents restricted stock units which correspond 1-for-1 with common stock.
The restricted stock units vested in full on April 1, 2023.
The restricted stock units vest in 4 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.
The restricted stock units vest in 6 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.
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.
The restricted stock units vest in 8 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
The number of restricted stock units has been adjusted to correct for an overstatement (by 2 units) of the number of restricted stock units acquired on a Form 4 filed on August 3, 2022.
Represents performance-based restricted stock units which correspond 1-for-1 with common stock.
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.
On March 2, 2023, the Reporting Person filed a Form 4 which inadvertently reported 1,762 restricted stock units earned under a performance-based restricted stock unit award based on the Issuer's satisfaction of certain performance criteria, instead of 4,494 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.
/s/ Brittany Keen, as Attorney-in-Fact for Nicholas Daniel
2023-04-04