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