SEC Form 4 · accession 0001209191-15-079456
ETSY INC · ETSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
UNION SQUARE VENTURES 2004 LP
10% Owner
Union Square Opportunity GP, L.L.C.
10% Owner
John Buttrick
10% Owner
Andy Weissman
10% Owner
Albert Wenger
10% Owner
Brad Burnham
10% Owner
Union Square GP 2004, L.L.C.
10% Owner
Period of report
Nov 6, 2015
Accepted (ET)
Nov 10, 2015 · 8:57 pm EST
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 StockF1,F2,F3,F4 | Nov 6, 2015 | J | 4,483,817 | $0.00 | D | 8,967,651 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the distribution of Common Stock consisting of (i) 3,979,474 shares by Union Square Ventures 2004, L.P. ("USV 2004"); (ii) 87,950 shares by Union Square Principals 2004, L.L.C. ("Principals"); and (iii) 416,393 shares by Union Square Ventures Opportunity Fund, L.P. ("Opportunity"), to their respective general and limited partners or members without consideration. As a result of such distributions, Union Square GP 2004, L.L.C. ("USGP"), the general partner of USV 2004 and the managing member of Principals, received 808,579 shares, which it subsequently distributed to its members, and Union Square Opportunity GP L.L.C. ("Opportunity GP"), the general partner of Opportunity, received 84,283 shares, which it subsequently distributed to its members.
- F2Consists of (i) 7,958,952 shares owned by USV 2004; (ii) 175,905 shares owned by Principals; and (iii) 832,794 shares owned by Opportunity.
- F3USGP is the general partner of USV 2004 and the managing member of Principals and, as such, has the sole power to vote and dispose of the shares owned by each of them. Brad Burnham ("Burnham") and Frederick Wilson ("Wilson") (a director of the Issuer) are the managing members of USGP and, as such, may be deemed to share voting and dispositive power over the shares owned by USV 2004 and Principals. As a result of their positions at USGP, Wenger and Buttrick may also be deemed to share voting and dispostive power of the shares owned by each of USV 2004 and Principals. Each of USGP, Burnham, Wilson, Wenger and Buttrick disclaims beneficial ownership of the shares owned by USV 2004 and Principals except to the extent of his or its respective pecuniary interest therein. As a director of the Issuer, Wilson files Section 16 reports separately.
- F4Opportunity GP is the general partner of Opportunity and, as such has the sole power to vote and dispose of the shares owned by Opportunity. Each of Wilson, Burnham, Wenger, Buttrick and Andy Weissman ("Weissman") are managing members of Opportunity GP and, as such, may be deemed to share voting and dispositive power of the shares owned by Opportunity. Each of Opportunity GP, Wilson, Burnham, Wenger, Buttrick and Weissman disclaims beneficial ownership of the shares owned by Opportunity, except to the extent of his or its respective pecuniary interest therein. As a director of the Issuer, Wilson files Section 16 reports separately.