SEC Form 4 · accession 0001370637-15-000015
ETSY INC · ETSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Allspaw
Officer — Chief Technology Officer
Period of report
Nov 2, 2015
Accepted (ET)
Nov 4, 2015 · 4:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001370637
Table I — non-derivative securities
No Table I lines on this filing.
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 | $10.69 | Nov 2, 2015 | A | 82,280 | A | — | Nov 1, 2025 | Common Stock | 82,280 | 82,280 | D |
| Restricted Stock UnitsF2,F3,F4 | — | Nov 2, 2015 | A | 31,796 | A | — | — | Common Stock | 31,796 | 31,796 | D |
Explanation of responses
- F1The stock options will become exercisable in 48 equal monthly installments beginning on December 2, 2015, provided the reporting person remains continuously employed on each vesting date.
- F2The reporting person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Etsy, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation.
- F3Units correspond 1-for-1 with common stock.
- F4The restricted stock units will vest in 16 equal quarterly installments, beginning on January 1, 2016, provided the reporting person remains continuously employed on each vesting date.