Filing Details
- Accession Number:
- 0001562180-22-001863
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-02-24 16:40:54
- Reporting Period:
- 2022-02-22
- Accepted Time:
- 2022-02-24 16:40:54
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1496963 | Squarespace Inc. | SQSP | Services-Prepackaged Software (7372) | 200375811 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1856603 | Courtenay O'connor | C/O Squarespace, Inc.,225 Varick St, 12Th Floor New York NY 10014 | General Counsel And Secretary | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2022-02-22 | 3,389 | $0.00 | 31,941 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2022-02-22 | 8,510 | $0.00 | 40,451 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2022-02-22 | 7,887 | $0.00 | 48,338 | No | 4 | M | Direct | |
| Class A Common Stock | Acquisiton | 2022-02-22 | 6,444 | $0.00 | 54,782 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2022-02-22 | 10,731 | $26.69 | 44,051 | No | 4 | F | Direct | |
| Class A Common Stock | Disposition | 2022-02-22 | 5,144 | $26.69 | 38,907 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2022-02-22 | 1,413 | $27.60 | 37,494 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Units | Disposition | 2022-02-22 | 3,389 | $0.00 | 3,389 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2022-02-22 | 8,510 | $0.00 | 8,510 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2022-02-22 | 7,887 | $0.00 | 7,887 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Disposition | 2022-02-22 | 6,444 | $0.00 | 6,444 | $0.00 |
| Class A Common Stock | Restricted Stock Units | Acquisiton | 2022-02-22 | 56,072 | $0.00 | 56,072 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 8,510 | No | 4 | M | Direct | ||
| 15,776 | No | 4 | M | Direct | ||
| 19,335 | No | 4 | M | Direct | ||
| 56,072 | No | 4 | A | Direct |
Footnotes
- Shares withheld by Issuer to satisfy applicable withholding tax upon vesting of restricted stock units.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 3, 2021.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.23 to $27.19, 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, on request, full information regarding the number of shares sold at each separate price within the range set forth above.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.27 to $27.99, 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, on request, full information regarding the number of shares sold at each separate price within the range set forth above.
- The restricted stock units vested on February 22, 2022.
- On February 28, 2019, the reporting person received a grant of 17,020 restricted stock units, which vests as follows: (a) 50% on February 20, 2022 and (b) 50% on February 20, 2023, subject to continued employment through the applicable vesting date, provided, that if such date falls on a weekend or holiday, the vesting date shall be the first business day after such date.
- On February 19, 2020, the reporting person received a grant of 23,663 restricted stock units, which vests as follows: (a) 33.33% on February 20, 2022, (b) 33.33% on February 20, 2023 and (c) 33.33% on February 20, 2024, subject to continued employment through the applicable vesting date, provided, that if such date falls on a weekend or holiday, the vesting date shall be the first business day after such date.
- On January 20, 2021, the reporting person received a grant of 25,779 restricted stock units, which vests as follows: (a) 25% on February 20, 2022, (b) 25% on February 20, 2023, (c) 25% on February 20, 2024 and (d) 25% on February 20, 2025, subject to continued employment through the applicable vesting date, provided, that if such date falls on a weekend or holiday, the vesting date shall be the first business day after such date.
- On February 22, 2022, the reporting person received a grant of 56,072 restricted stock units, which vests as follows: (a) 25% on February 20, 2023 and (b) 6.25% quarterly thereafter, subject to continued employment through the applicable vesting date, provided, that if such date falls on a weekend or holiday, the vesting date shall be the first business day after such date.
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