SEC Form 3 · accession 0001181431-15-005848
ETSY INC · ETSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kellan Elliott-McCrea
Officer — CTO and Chief Architect
Period of report
Apr 15, 2015
Accepted (ET)
Apr 15, 2015 · 9:40 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001370637
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 50,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock option (right to buy)F1 | $2.00 | holding | — | — | — | — | Sep 14, 2020 | Common Stock | 83,854 | — | D |
| Employee stock option (right to buy)F2 | $2.30 | holding | — | — | — | — | Oct 23, 2021 | Common Stock | 34,900 | — | D |
| Employee stock option (right to buy)F3 | $6.02 | holding | — | — | — | — | Oct 28, 2023 | Common Stock | 125,000 | — | D |
| Employee stock option (right to buy)F4 | $17.00 | holding | — | — | — | — | Jan 29, 2025 | Common Stock | 105,000 | — | D |
Explanation of responses
- F125% of the original stock option (179,425 shares) became exercisable on July 18, 2011, with the remainder exercisable in 36 equal monthly installments of 3,738 shares thereafter provided the reporting person remained continuously employed on each vesting date.
- F225% of the original stock option (50,000 shares) became exercisable on July 19, 2012, with the remainder exercisable in 36 equal monthly installments of 1,041 shares thereafter provided the reporting person remains continuously employed on each vesting date.
- F325% of the stock option became exercisable on October 31, 2014, with the remainder exercisable in 36 equal monthly installments thereafter if the reporting person remains continuously employed on each vesting date.
- F425% of the stock option becomes exercisable on January 29, 2016, with the remainder exercisable in 36 equal monthly installments thereafter if the reporting person remains continuously employed on each vesting date.