SEC Form 4 · accession 0001370637-19-000005
ETSY INC · ETSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Linda F Kozlowski
Officer — Chief Operating Officer
Period of report
Jan 1, 2019
Accepted (ET)
Jan 3, 2019 · 4:40 pm EST
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 | Jan 1, 2019 | M | 4,500 | $0.00 | A | 37,197 | D | |
| Common Stock | Jan 1, 2019 | F | 1,816 | $47.57 | D | 35,381 | D | |
| Common StockF1 | Jan 1, 2019 | M | 1,998 | $0.00 | A | 37,379 | D | |
| Common Stock | Jan 1, 2019 | F | 806 | $47.57 | D | 36,573 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Jan 1, 2019 | M | 4,500 | D | — | — | Common Stock | 4,500 | 27,002 | D |
| Restricted Stock UnitsF2,F4 | — | Jan 1, 2019 | M | 1,998 | D | — | — | Common Stock | 1,998 | 17,983 | D |
Explanation of responses
- F1Shares of common stock acquired upon the vesting of restricted stock units.
- F2Units correspond 1-for-1 with common stock.
- F325% of the restricted stock units vested on July 1, 2017, with the remainder vesting in 12 equal quarterly installments thereafter, until the Reporting Person's departure date of January 2, 2019, at which time the remaining restricted stock units accelerated and vested in full.
- F4The restricted stock units vest in 16 equal quarterly installments, beginning on July 1, 2017, until the Reporting Person's departure date of January 2, 2019, at which time the remaining restricted stock units accelerated and vested in full.