SEC FORM 3

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

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Kumar Rachana

(Last)

(First)

(Middle)

C/O ETSY, INC.

117 ADAMS STREET

(Street)

BROOKLYN

11201

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2023

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)
	Chief Technology Officer

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	8,349	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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	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)
Stock Option (Right to Buy)	⁽¹⁾	03/15/2030	Common Stock	22,126	$41.65	D
Stock Option (Right to Buy)	⁽²⁾	03/14/2031	Common Stock	5,224	$223.23	D
Restricted Stock Units⁽³⁾	⁽⁴⁾	⁽⁴⁾	Common Stock	500	⁽⁴⁾	D
Restricted Stock Units⁽³⁾	⁽⁵⁾	⁽⁵⁾	Common Stock	4,862	⁽⁵⁾	D
Restricted Stock Units⁽³⁾	⁽⁶⁾	⁽⁶⁾	Common Stock	2,154	⁽⁶⁾	D
Restricted Stock Units⁽³⁾	⁽⁷⁾	⁽⁷⁾	Common Stock	11,009	⁽⁷⁾	D

Explanation of Responses:

1. The shares underlying the stock option vest in 8 equal semi-annual installments, beginning on October 1, 2020, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.

2. The shares underlying the stock option vest in 8 equal semi-annual installments, beginning on October 1, 2021, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.

3. Represents restricted stock units ("RSUs"). Each RSU corresponds 1-for-1 with common stock. The Reporting Person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Etsy, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation.

4. The RSUs vest in full on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on such vesting date.

5. The RSUs vest in 3 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.

6. The RSUs vest in 5 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.

7. The RSUs vest in 7 equal semi-annual installments beginning on April 1, 2023, provided the Reporting Person remains continuously employed by the Issuer on each such vesting date.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney

	/s/ Brittany Keen, Attorney-in-Fact for Rachana Kumar	01/06/2023
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.