Paul Ross A.'s Form 4/A amendment
Amended1stdibs.com, Inc. (DIBS) · filed Jun 7, 2022
- Accession no.
- 0001600641-22-000076
- Filed
- Jun 7, 2022
- Trade date
- Jun 1-2, 2022
- Filing delay
- 6 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Jun 3, 2022
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $152.9K. It was filed 6 days after the trade.
This amendment replaces 0001600641-22-000074 (filed Jun 3, 2022).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Paul Ross A.CIK 0001844825 | Officer (Chief Technology Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 1, 2022 | Common Stock | MOption exerciseAcquired | +18,982 | $3.18 | +$60,362.76 | 114,535 | Direct | |
| Jun 1, 2022 | Common Stock | SSaleDisposed | −14,751 | $5.45 | −$80,392.95 | 99,784 | Direct | |
| Jun 2, 2022 | Common Stock | MOption exerciseAcquired | +16,494 | $3.18 | +$52,450.92 | 116,278 | Direct | |
| Jun 2, 2022 | Common Stock | SSaleDisposed | −12,500 | $5.80 | −$72,500 | 103,778 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 1, 2022 | Common Stock | MOption exerciseDisposed | −18,982 | $0.00 | $0 | 88,331 | Direct | |
| Jun 2, 2022 | Common Stock | MOption exerciseDisposed | −16,494 | $0.00 | $0 | 71,837 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2
This Amended Form 4 amends that certain Form 4 filed by the Reporting Person on June 3, 2022 (the "Original Form 4"), which erroneously described the number of options exercised on June 1, 2022 pursuant to the Reporting Person's 10b5-1 trading plan. This Amended Form 4 also revises the Original Form 4 to disclose an additional option exercise on June 2, 2022 and the accurate number of shares of Common Stock held by the Reporting Person subsequent to such transactions on the dates indicated.
- F3
Represents an initial option to purchase 620,272 shares of common stock (prior to giving effect to a 1-for-3 reverse stock split), with 25% of the shares vesting on January 1, 2013, and with 75% of the shares vesting in 36 equal monthly installments thereafter, subject to the reporting person's continued service with the Issuer through the applicable vesting date.