SEC Form 4 · accession 0001370637-18-000032
ETSY INC · ETSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jill Simeone
Officer — General Counsel & Secretary
Period of report
Mar 15, 2018
Accepted (ET)
Mar 19, 2018 · 4:26 pm EDT
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 | $28.38 | Mar 15, 2018 | A | 39,303 | A | — | Mar 14, 2028 | Common Stock | 39,303 | 39,303 | D |
| Restricted Stock UnitsF2,F3,F4 | — | Mar 15, 2018 | A | 22,181 | A | — | — | Common Stock | 22,181 | 22,181 | D |
Explanation of responses
- F1The stock options will become exercisable in 8 equal semi-annual installments, beginning on October 1, 2018, provided the reporting person remains continuously employed on each vesting date.
- F2The reporting person has irrevocably agreed 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 vest in 8 equal semi-annual installments, beginning on October 1, 2018, provided the reporting person remains continuously employed on each vesting date.