0001209191-23-022856.txt : 20230404 0001209191-23-022856.hdr.sgml : 20230404 20230404172441 ACCESSION NUMBER: 0001209191-23-022856 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: SCOTT RYAN M. CENTRAL INDEX KEY: 0001781188 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36911 FILM NUMBER: 23799553 MAIL ADDRESS: STREET 1: 117 ADAMS STREET STREET 2: C/O ETSY, INC. CITY: BROOKLYN STATE: NY ZIP: 11249 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 0001781188 SCOTT RYAN M. C/O ETSY, INC. 117 ADAMS STREET BROOKLYN NY 11201 0 1 0 0 Chief Marketing Officer 1 Common Stock 2023-04-01 4 M 0 9921 0.00 A 9921 D Common Stock 2023-04-01 4 F 0 5067 111.33 D 4854 D Common Stock 2023-04-03 4 M 0 6146 41.65 A 11000 D Common Stock 2023-04-03 4 S 0 2828 106.95 D 8172 D Common Stock 2023-04-03 4 S 0 2789 107.61 D 5383 D Common Stock 2023-04-03 4 S 0 337 108.45 D 5046 D Common Stock 2023-04-03 4 S 0 192 110.43 D 4854 D Common Stock 2023-04-04 4 S 0 1287 110.35 D 3567 D Common Stock 2023-04-04 4 S 0 1287 111.01 D 2280 D Common Stock 2023-04-04 4 S 0 577 112.72 D 1703 D Common Stock 2023-04-04 4 S 0 9 114.39 D 1694 D Restricted Stock Units 2023-04-01 4 M 0 3602 0.00 D Common Stock 3602 7203 D Restricted Stock Units 2023-04-01 4 M 0 1149 0.00 D Common Stock 1149 4593 D Restricted Stock Units 2023-04-01 4 M 0 3775 0.00 D Common Stock 3775 22647 D Performance Stock Units 2023-04-01 4 M 0 1395 0.00 D Common Stock 1395 2788 D Stock Option (Right to Buy) 41.65 2023-04-03 4 M 0 6146 0.00 D 2030-03-15 Common Stock 6146 12293 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. The exercise and sales reported herein were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 28, 2022, as amended May 13, 2022. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.28 to $107.245, 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 $107.28 to $108.075, 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 $108.355 to $108.53, 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 $110.07 to $110.47, 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 $109.79 to $110.785, 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 $110.79 to $111.58, 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 $112.415 to $113.12, 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. Represents restricted stock units which correspond 1-for-1 with common stock. The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2020, 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, 2021, 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. 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 1,640 restricted stock units earned under a performance-based restricted stock unit award based on the Issuer's satisfaction of certain performance criteria, instead of 4,183 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. The stock options are exercisable in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date. /s/ Brittany Keen, as Attorney-in-Fact for Ryan Scott 2023-04-04