SEC Form 4 · accession 0001370637-19-000035
ETSY INC · ETSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael T Fisher
Officer — Chief Technology Officer
Period of report
Mar 4, 2019
Accepted (ET)
Mar 5, 2019 · 4:50 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 Stock | Mar 4, 2019 | M | 2,604 | $14.31 | A | 26,541 | D | |
| Common StockF2 | Mar 4, 2019 | S | 600 | $67.68 | D | 25,941 | D | |
| Common StockF3 | Mar 4, 2019 | S | 1,204 | $69.01 | D | 24,737 | D | |
| Common Stock | Mar 4, 2019 | S | 100 | $69.51 | D | 24,637 | D | |
| Common StockF4 | Mar 4, 2019 | S | 500 | $70.83 | D | 24,137 | D | |
| Common Stock | Mar 4, 2019 | S | 100 | $72.20 | D | 24,037 | D | |
| Common Stock | Mar 4, 2019 | S | 100 | $73.25 | D | 23,937 | 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)F5 | $14.31 | Mar 4, 2019 | M | 2,604 | D | — | Jul 31, 2027 | Common Stock | 2,604 | 200,522 | 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 $67.17 to $68.05, 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.43 to $69.38, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.61 to $71.47, 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.
- F525% of the stock option became exercisable on August 1, 2018, with the remainder exercisable in 36 equal monthly installments thereafter, provided the reporting person remains continuously employed on each vesting date.