SEC Form 4 · accession 0001628280-16-019777
ETSY INC · ETSY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kristina Salen
Officer — Chief Financial Officer
Period of report
Sep 23, 2016
Accepted (ET)
Sep 27, 2016 · 4:05 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 | Sep 23, 2016 | M | 63,161 | $4.76 | A | 64,903 | D | |
| Common Stock | Sep 23, 2016 | S | 63,161 | $15.00 | D | 1,742 | 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)F2 | $4.76 | Sep 23, 2016 | M | 63,161 | D | — | Feb 3, 2023 | Common Stock | 63,161 | 540,925 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan.
- F225% of the stock option became exercisable on February 3, 2014, with the remainder exercisable in 36 equal monthly installments thereafter provided the reporting person remains continuously employed on each vesting date.