0001209191-21-063667.txt : 20211109 0001209191-21-063667.hdr.sgml : 20211109 20211109172242 ACCESSION NUMBER: 0001209191-21-063667 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211105 FILED AS OF DATE: 20211109 DATE AS OF CHANGE: 20211109 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Fisher Michael T CENTRAL INDEX KEY: 0001713632 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36911 FILM NUMBER: 211393348 BUSINESS ADDRESS: BUSINESS PHONE: 718-855-7955 MAIL ADDRESS: STREET 1: 117 ADAMS STREET STREET 2: C/O ETSY, INC. 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) 880-3660 MAIL ADDRESS: STREET 1: 117 ADAMS STREET CITY: BROOKLYN STATE: NY ZIP: 11201 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-11-05 0 0001370637 ETSY INC ETSY 0001713632 Fisher Michael T C/O ETSY, INC. 117 ADAMS STREET BROOKLYN NY 11201 0 1 0 0 Chief Technology Officer Common Stock 2021-11-05 4 M 0 5209 14.31 A 13826 D Common Stock 2021-11-05 4 M 0 5288 69.89 A 19114 D Common Stock 2021-11-05 4 M 0 9220 41.65 A 28334 D Common Stock 2021-11-05 4 M 0 1632 223.23 A 29966 D Common Stock 2021-11-05 4 S 0 2415 257.45 D 27551 D Common Stock 2021-11-05 4 S 0 3739 258.34 D 23812 D Common Stock 2021-11-05 4 S 0 3408 259.86 D 20404 D Common Stock 2021-11-05 4 S 0 904 260.67 D 19500 D Common Stock 2021-11-05 4 S 0 9949 261.98 D 9551 D Common Stock 2021-11-05 4 S 0 655 263.34 D 8896 D Common Stock 2021-11-05 4 S 0 279 264.04 D 8617 D Common Stock 2021-11-05 4 S 0 692 257.41 D 6941 I By Trust Common Stock 2021-11-05 4 S 0 300 258.24 D 6641 I By Trust Common Stock 2021-11-05 4 S 0 1200 259.82 D 5441 I By Trust Common Stock 2021-11-05 4 S 0 700 260.78 D 4741 I By Trust Common Stock 2021-11-05 4 S 0 4233 261.96 D 508 I By Trust Common Stock 2021-11-05 4 S 0 400 263.21 D 108 I By Trust Common Stock 2021-11-05 4 S 0 108 264.99 D 0 I By Trust Common Stock 2021-08-09 4 J 0 11221 0.00 A 11221 I By GRAT Common Stock 2021-11-05 4 S 0 1461 257.78 D 9760 I By GRAT Common Stock 2021-11-05 4 S 0 500 258.98 D 9260 I By GRAT Common Stock 2021-11-05 4 S 0 2200 260.01 D 7060 I By GRAT Common Stock 2021-11-05 4 S 0 410 260.95 D 6650 I By GRAT Common Stock 2021-11-05 4 S 0 5650 261.98 D 1000 I By GRAT Common Stock 2021-11-05 4 S 0 800 263.17 D 200 I By GRAT Common Stock 2021-11-05 4 S 0 200 264.10 D 0 I By GRAT Employee Stock Option (Right to Buy) 14.31 2021-11-05 4 M 0 5209 0.00 D 2027-07-31 Common Stock 5209 0 D Employee Stock Option (Right to Buy) 69.89 2021-11-05 4 M 0 5288 0.00 D 2029-03-14 Common Stock 5288 15863 D Employee Stock Option (Right to Buy) 41.65 2021-11-05 4 M 0 9220 0.00 D 2030-03-15 Common Stock 9220 46097 D Employee Stock Option (Right to Buy) 223.23 2021-11-05 4 M 0 1632 0.00 D 2031-03-14 Common Stock 1632 11428 D Does not include 11,221 shares contributed by the Reporting Person to a grantor retained annuity trust ("GRAT") on August 9, 2021. See footnote 16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $256.90 to $257.88, 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 range 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 $257.90 to $258.70, 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 range 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 $259.35 to $260.22, 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 range 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 $260.43 to $261.21, 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 range 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 $261.61 to $262.575, 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 range 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 $262.93 to $263.92, 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 range 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 $264.03 to $264.11, 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 range 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 $256.89 to $257.85, 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 range set forth in this footnote. These shares are held by The Michael T. Fisher 2020 Irrevocable Trust (the "Trust") for the benefit of the Reporting Person's spouse. The Reporting Person's spouse is the trustee of the 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $258.00 to $258.44, 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 range 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 $259.35 to $260.30, 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 range 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 $260.39 to $261.38, 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 range 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 $261.43 to $261.99, 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 range 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 $262.95 to $263.51, 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 range set forth in this footnote. These shares, which were previously reported as held directly, were contributed by the Reporting Person to the GRAT on August 9, 2021. The Reporting Person is the sole trustee of the GRAT. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.38 to $258.30, 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 range 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 $258.44 to $259.40, 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 range 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 $259.50 to $260.49, 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 range 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 $260.52 to $261.22, 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 range 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 $262.92 to $263.90, 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 range 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 $264.06 to $264.13, 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 range set forth in this footnote. The shares underlying the option exercised in this transaction were fully vested and exercisable. The shares underlying the option continued to vest and become exercisable ratably on a monthly basis on the first day of each month through August 1, 2021, subject to the Reporting Person's continued service with the Issuer through such date. The shares underlying the option exercised in this transaction were fully vested and exercisable. The stock option vests in 8 equal semi-annual installments, beginning on October 1, 2019, provided the Reporting Person remains continuously employed on each vesting date. The shares underlying the option exercised in this transaction were fully vested and exercisable. The stock option vests in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed on each vesting date. The shares underlying the option exercised in this transaction were fully vested and exercisable. The stock option vests in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed on each vesting date. /s/ Brittany Keen, as Attorney-In-Fact for Michael T. Fisher 2021-11-09