0001209191-21-017083.txt : 20210303 0001209191-21-017083.hdr.sgml : 20210303 20210303172931 ACCESSION NUMBER: 0001209191-21-017083 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210301 FILED AS OF DATE: 20210303 DATE AS OF CHANGE: 20210303 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Silverman Josh CENTRAL INDEX KEY: 0001525358 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36911 FILM NUMBER: 21710687 MAIL ADDRESS: STREET 1: 117 ADAMS STREET CITY: BROOKLYN STATE: NY ZIP: 11201 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ETSY INC CENTRAL INDEX KEY: 0001370637 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 117 ADAMS STREET CITY: BROOKLYN STATE: NY ZIP: 11201 BUSINESS PHONE: 718-855-7956 MAIL ADDRESS: STREET 1: 117 ADAMS STREET CITY: BROOKLYN STATE: NY ZIP: 11201 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-03-01 0 0001370637 ETSY INC ETSY 0001525358 Silverman Josh C/O ETSY INC. 117 ADAMS STREET BROOKLYN NY 11201 1 1 0 0 President & CEO Common Stock 2021-03-01 4 M 0 49651 10.62 A 49651 D Common Stock 2021-03-01 4 S 0 28625 243.80 D 21026 D Common Stock 2021-03-01 4 S 0 21026 244.50 D 0 D Common Stock 4942 I By GST Trust Common Stock 16886 I By Non-GST Trust Common Stock 42269 I By Irrevocable Trust Employee Stock Option (Right to Buy) 10.62 2021-03-01 4 M 0 49651 0.00 D 2027-05-03 Common Stock 49651 3000000 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $243.15 to $244.14, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.15 to $245.14, 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. These shares are held by the JGS 2018 Irrevocable GST Trust (the "GST Trust"). The Reporting Person's spouse is the trustee of the GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. These shares are held by the JGS 2018 Irrevocable Non-GST Trust (the "Non-GST Trust"). The Reporting Person's spouse is the trustee of the Non-GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. The shares underlying the option exercised in this transaction were fully vested and exercisable. 25% of the stock options became exercisable on May 4, 2018, with the remainder of the originally granted options exercisable in 36 equal monthly installments beginning on June 4, 2018, provided the Reporting Person remains continuously employed on each vesting date. /s/ Brittany Keen, as Attorney-in-Fact for Josh Silverman 2021-03-03 EX-24.4_969535 2 poa.txt POA DOCUMENT By signing this power of attorney, I appoint each of Jill Simeone, Alla Berenshteyn, Kathleen McCabe, Brittany Keen, Nicole Brookshire, Brigitte Eichner, and Jill Simon as my attorney-in-fact, with full power of substitution, to: 1. execute for and on my behalf, in my capacity as an officer and/or director of Etsy, Inc. ("Etsy"), (i) Forms 3, 4 and 5 and any other forms required to be filed in accordance with Section 16(a) of the Securities Exchange Act of 1934 and applicable rules (each, a "Section 16 Form") and (ii) a Form ID and any other documents or forms necessary or appropriate to obtain codes and passwords enabling the undersigned to file a Section 16 Form with the United States Securities and Exchange Commission (the "SEC") (such forms, together with the Section 16 Forms, the "Forms"); 2. take any action for and on my behalf that may be necessary or desirable to complete and execute any Forms and/or amendments to any Forms, and timely file such Forms and/or amendments with the SEC and any stock exchange or similar authority; and 3. take any other action related to the Forms or amendments to the Forms that, in the opinion of the attorney-in-fact, may benefit me, be in my best interest or be legally required to be done by me. Any documents executed by an attorney-in-fact on my behalf under this Power of Attorney will be in the form and will contain the terms and conditions that the attorney-in-fact may approve in his or her discretion. By signing this power of attorney, I grant to each attorney-in-fact the power and authority to take any and every action required, necessary or proper to be done in the exercise of any of the rights and powers granted in this power of attorney, as fully as I might or could if I was acting personally, with full power of substitution. I confirm all actions that an attorney-in-fact, or his or her substitute, lawfully takes or causes to be taken by virtue of this power of attorney and the rights and powers granted in this power of attorney. I acknowledge that none of the attorneys-in-fact, in serving as my attorney-in-fact, at my request, is assuming, nor is Etsy assuming, any of my responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. This power of attorney shall remain in full force and effect until I am no longer required to file any Forms, until the time at which I revoke it by a signed writing that I deliver to the applicable attorney-in-fact or, regarding any individual attorney-in-fact, until that attorney-in-fact is no longer an Etsy employee. By: /s/ Josh Silverman Print Name: Josh Silverman Date: January 19, 2021