SEC Form 4 · accession 0001370637-16-000115
ETSY INC · ETSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chad Dickerson
Officer — President, CEO and Chair · Director
Period of report
Oct 7, 2016
Accepted (ET)
Oct 11, 2016 · 4:41 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 | Oct 7, 2016 | M | 104,289 | $2.30 | A | 857,645 | D | |
| Common StockF2 | Oct 7, 2016 | S | 104,289 | $16.00 | D | 753,356 | D | |
| Common Stock | Oct 10, 2016 | M | 1,000 | $2.30 | A | 754,356 | D | |
| Common Stock | Oct 10, 2016 | S | 1,000 | $16.00 | D | 753,356 | 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)F3 | $2.30 | Oct 7, 2016 | M | 104,289 | D | — | Jul 28, 2021 | Common Stock | 104,289 | 370,711 | D |
| Employee stock option (right to buy)F3 | $2.30 | Oct 10, 2016 | M | 1,000 | D | — | Jul 28, 2021 | Common Stock | 1,000 | 369,711 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.00 to $16.03, 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.
- F325% of the original stock option became exercisable on July 19, 2012, with the remainder exercisable in 36 equal monthly installments thereafter.