Sec Form 4 Filing - Silverman Josh @ ETSY INC - 2025-01-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Silverman Josh
2. Issuer Name and Ticker or Trading Symbol
ETSY INC [ ETSY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
PRESIDENT & CEO
(Last) (First) (Middle)
C/O ETSY INC., 117 ADAMS STREET
3. Date of Earliest Transaction (MM/DD/YY)
01/01/2025
(Street)
BROOKLYN, NY11201
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ( 1 ) 01/01/2025 M 7,303 A $ 0 8,127 ( 2 ) D
Common Stock 01/01/2025 F( 3 ) 3,123 D $ 52.89 5,004 D
Common Stock 4,942 I By GST Trust ( 4 )
Common Stock 16,886 I By Non-GST Trust ( 5 )
Common Stock 42,269 I By Irrevocable Trust
Common Stock 164,000 ( 2 ) I By GRAT ( 6 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Deriv ative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 7 ) 01/01/2025 M 7,303 ( 8 ) ( 8 ) Common Stock 7,303 $ 0 94,931 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Silverman Josh
C/O ETSY INC.
117 ADAMS STREET
BROOKLYN, NY11201
X PRESIDENT & CEO
Signatures
/s/ Brittany Keen, Attorney-in-Fact 01/03/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Shares of common stock acquired upon the vesting of the restricted stock units.
( 2 )The total amount of securities beneficially owned following the reported transaction reflects the transfer of 64,000 shares of common stock of the Issuer by the Reporting Person to the Reporting Person's Grantor Retained Annuity Trust (the "GRAT") initiated on November 13, 2024. Such shares were previously reported as held directly and are now held indirectly as reflected herein.
( 3 )This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units.
( 4 )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.
( 5 )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.
( 6 )These shares are held by the GRAT. The Reporting Person is the trustee and the beneficiary of the GRAT.
( 7 )Represents restricted stock units which correspond 1-for-1 with common stock.
( 8 )The restricted stock units vest in 16 equal quarterly installments, beginning on July 1, 2024, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration 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 4(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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