SEC Form 4 · accession 0001209191-16-118829
ETSY INC · ETSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick R Wilson
Director
Period of report
May 6, 2016
Accepted (ET)
May 10, 2016 · 4:43 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 StockF2 | May 6, 2016 | J | 3,979,478 | $0.00 | D | 0 | I | By Union Square Ventures 2004, L.P. |
| Common StockF2 | May 6, 2016 | J | 808,580 | $0.00 | A | 808,580 | I | By Union Square GP 2004, L.L.C. |
| Common StockF2 | May 6, 2016 | J | 778,450 | $0.00 | D | 30,130 | I | By Union Square GP 2004, L.L.C. |
| Common StockF5,F2 | May 6, 2016 | S | 6,226 | $8.2804 | D | 23,904 | I | By Union Square GP 2004, L.L.C. |
| Common StockF7 | May 6, 2016 | J | 350,173 | $0.00 | A | 350,173 | I | By FJW Partners, LLC |
| Common StockF2 | May 6, 2016 | J | 87,953 | $0.00 | D | 0 | I | By Union Square Principals, L.L.C. |
| Common Stock | May 6, 2016 | J | 21,988 | $0.00 | A | 579,623 | D | |
| Common StockF7 | May 9, 2016 | J | 350,173 | $0.00 | D | 0 | I | By FJW Partners, LLC |
| Common Stock | May 9, 2016 | J | 242,439 | $0.00 | A | 822,062 | D | |
| Common StockF10 | May 9, 2016 | J | 105,052 | $0.00 | A | 324,635 | I | By Trust |
| Common StockF11,F2 | May 9, 2016 | S | 23,904 | $8.1891 | D | 0 | I | By Union Square GP 2004, L.L.C. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the pro rata distribution of 3,979,478 shares by Union Square Ventures 2004, L.P. ("USV 2004") and 87,953 shares by Union Square Principals 2004, a Delaware Multiple Series LLC ("Principals") to their respective general and limited partners or members without consideration.
- F10Shares received pursuant to the pro rata distributions described in footnote (8) of this Form 4. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F11The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.78 to $8.30, 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.
- F2Union Square GP 2004, L.L.C. ("USGP") 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. The Reporting Person is one of two 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. The Reporting Person disclaims beneficial ownership of the shares owned by USV 2004 and Principals, except to the extent of his pecuniary interest therein.
- F3Shares received pursuant to the pro rata distributions described in footnote (1) of this Form 4.
- F4Reflects the pro rata distribution of 778,450 shares by USGP to its members without consideration.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.09 to $8.40, 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.
- F6Shares received pursuant to the pro rata distributions described in footnote (4) of this Form 4.
- F7Each of the Reporting Person and Joanne Wilson is a managing member of FJW Partners, LLC ("FJW Partners") and, as such, may be deemed to share voting and dispositive power over the shares owned by FJW Partners. The Reporting Person disclaims beneficial ownership of the shares owned by FJW Partners, except to the extent of his pecuniary interest therein.
- F8Reflects the pro rata distribution of 350,173 shares by FJW Partners to its members without consideration.
- F9Shares received pursuant to the pro rata distributions described in footnote (8) of this Form 4.