X0306
4
2020-07-01
0
0001370637
ETSY INC
ETSY
0001525358
Silverman Josh
117 ADAMS STREET
BROOKLYN
NY
11201
1
1
0
0
President & CEO
Common Stock
2020-07-01
4
M
0
80000
10.62
A
80000
D
Common Stock
2020-07-01
4
S
0
9090
106.73
D
70910
D
Common Stock
2020-07-01
4
S
0
17026
107.50
D
53884
D
Common Stock
2020-07-01
4
S
0
9370
108.74
D
44514
D
Common Stock
2020-07-01
4
S
0
15418
109.69
D
29096
D
Common Stock
2020-07-01
4
S
0
26332
110.67
D
2764
D
Common Stock
2020-07-01
4
S
0
2764
111.32
D
0
D
Common Stock
41046
I
By GRAT
Common Stock
42269
I
By Irrevocable Trust
Employee stock option (right to buy)
10.62
2020-07-01
4
M
0
80000
0
D
2027-05-03
Common Stock
80000.0
3524969
D
This exercise and subsequent sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 20, 2019.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.10 to$107.08, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.095 to $108.065, 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 $108.11 to $109.095, 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 $109.11 to $110.10, 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 $110.105 to $111.10, 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 $111.125 to $111.505, 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 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/ Alla Berenshteyn as Attorney-In-Fact for Josh Silverman
2020-07-06