SEC Form 4 · accession 0001370637-16-000106
ETSY INC · ETSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frederick R Wilson
Director
Period of report
Aug 5, 2016
Accepted (ET)
Aug 9, 2016 · 4:17 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 StockF1,F2 | Aug 5, 2016 | S | 110,000 | $13.61 | D | 106,399 | I | By Union Square Ventures Opportunity Fund, L.P. |
| Common StockF3,F2 | Aug 8, 2016 | S | 106,399 | $13.60 | D | 0 | I | By Union Square Ventures Opportunity Fund, L.P. |
| Common Stock | holding | — | — | — | 822,062 | D | ||
| Common StockF4 | holding | — | — | — | 324,635 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.34 to $13.80, 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 Opportunity GP, L.L.C. ("Opportunity GP") is the general partner of Union Square Ventures Opportunity Fund, L.P. ("Opportunity") and, as such, has the sole power to vote and dispose of the shares owned by Opportunity. The Reporting Person is one of five managing members of Opportunity GP and, as such, may be deemed to share voting and dispositive power over the shares owned by Opportunity. The Reporting Person disclaims beneficial ownership of the shares owned by Opportunity, except to the extent of his pecuniary interest therein.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.47 to $13.77, 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.
- F4The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.