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