Home > Insider Trading > Filing (0001562180-22-001863)

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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
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
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

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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	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.