SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Elliott-McCrea Kellan (Last) (First) (Middle) C/O ETSY, INC. 55 WASHINGTON STREET, SUITE 512 (Street) BROOKLYN NY 11201 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 04/15/2015	3. Issuer Name and Ticker or Trading Symbol ETSY INC [ ETSY ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) CTO and Chief Architect	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	50,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee stock option (right to buy)	(1)	09/14/2020	Common Stock	83,854	$2	D
Employee stock option (right to buy)	(2)	10/23/2021	Common Stock	34,900	$2.3	D
Employee stock option (right to buy)	(3)	10/28/2023	Common Stock	125,000	$6.02	D
Employee stock option (right to buy)	(4)	01/29/2025	Common Stock	105,000	$17	D

Explanation of Responses:

1. 25% of the original stock option (179,425 shares) became exercisable on July 18, 2011, with the remainder exercisable in 36 equal monthly installments of 3,738 shares thereafter provided the reporting person remained continuously employed on each vesting date.

2. 25% of the original stock option (50,000 shares) became exercisable on July 19, 2012, with the remainder exercisable in 36 equal monthly installments of 1,041 shares thereafter provided the reporting person remains continuously employed on each vesting date.

3. 25% of the stock option became exercisable on October 31, 2014, with the remainder exercisable in 36 equal monthly installments thereafter if the reporting person remains continuously employed on each vesting date.

4. 25% of the stock option becomes exercisable on January 29, 2016, with the remainder exercisable in 36 equal monthly installments thereafter if the reporting person remains continuously employed on each vesting date.

	/s/ Cara Schembri, as Attorney-In-Fact for Kellan Elliott-McCrea	04/15/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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