Sec Form 4 Filing - Index Ventures Growth I (Jersey) L.P. @ ETSY INC - 2015-04-21

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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
Index Ventures Growth I (Jersey) L.P.
2. Issuer Name and Ticker or Trading Symbol
ETSY INC [ ETSY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
NO.1 SEATON PLACE, ST. HELIER
3. Date of Earliest Transaction (MM/DD/YY)
04/21/2015
(Street)
JERSEY (CHANNEL ISLANDS), X0JE4 8YJ
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ 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 04/21/2015 S 1,218,667 D $ 14.96 2,795,583 D ( 1 )
Common Stock 04/21/2015 S 42,520 D $ 14.96 97,559 D ( 2 )
Common Stock 04/21/2015 S 6,340 D $ 14.96 14,556 D ( 3 )
Common Stock 04/21/2015 C 8,081,114 A 10,876,697 D ( 1 )
Common Stock 04/21/2015 C 281,937 A 379,496 D ( 3 )
Common Stock 04/21/2015 C 42,036 A 56,592 D ( 3 )
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 Derivative 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
Series A Preferred Stock ( 4 ) 04/21/2015 C 280,894 ( 4 ) ( 4 ) Common Stock 1,404,470 $ 0 0 D ( 1 )
Series A Preferred Stock ( 4 ) 04/21/2015 C 9,800 ( 4 ) ( 4 ) Common Stock 49,000 $ 0 0 D ( 2 )
Series A Preferred Stock ( 4 ) 04/21/2015 C 1,461 ( 4 ) ( 4 ) Common Stock 7,305 $ 0 0 D ( 3 )
Series A-1 Preferred Stock ( 4 ) 04/21/2015 C 447,065 ( 4 ) ( 4 ) Common Stock 2,235,325 $ 0 0 D ( 1 )
Series A-1 Preferred Stock ( 4 ) 04/21/2015 C 15,597 ( 4 ) ( 4 ) Common Stock 77,985 $ 0 0 D ( 2 )
Series A-1 Preferred Stock ( 4 ) 04/21/2015 C 2,327 ( 4 ) ( 4 ) Common Stock 11,635 $ 0 0 D ( 3 )
Series B Preferred Stock ( 4 ) 04/21/2015 C 279,553 ( 4 ) ( 4 ) Common Stock 1,397,765 $ 0 0 D ( 1 )
Series B Preferred Stock ( 4 ) 04/21/2015 C 9,754 ( 4 ) ( 4 ) Common Stock 48,770 $ 0 0 D ( 2 )
Series B Preferred Stock ( 4 ) 04/21/2015 C 1,454 ( 4 ) ( 4 ) Common Stock 7,270 $ 0 0 D ( 3 )
Series C Preferred Stock ( 4 ) 04/21/2015 C 34,763 ( 4 ) ( 4 ) Common Stock 173,815 $ 0 0 D ( 1 )
Series C Preferred Stock ( 4 ) 04/21/2015 C 1,213 ( 4 ) ( 4 ) Common Stock 6,065 $ 0 0 D ( 2 )
Series C Preferred Stock ( 4 ) 04/21/2015 C 181 ( 4 ) ( 4 ) Common Stock 905 $ 0 0 D ( 3 )
Series E Preferred Stock ( 4 ) 04/21/2015 C 242,182 ( 4 ) ( 4 ) Common Stock 1,210,910 $ 0 0 D ( 1 )
Series E Preferred Stock ( 4 ) 04/21/2015 C 8,449 ( 4 ) ( 4 ) Common Stock 42,245 $ 0 0 D ( 2 )
Series E Preferred Stock ( 4 ) 04/21/2015 C 1,259 ( 4 ) ( 4 ) Common Stock 6,295 $ 0 0 D ( 3 )
Series F Preferred Stock ( 5 ) 04/21/2015 C 3,317,658 ( 5 ) ( 5 ) Common Stock 1,658,829 $ 0 0 D ( 1 )
Series F Preferred Stock ( 5 ) 04/21/2015 C 115,744 ( 5 ) ( 5 ) Common Stock 57,872 $ 0 0 D ( 2 )
Series F Preferred Stock ( 5 ) 04/21/2015 C 17,252 ( 5 ) ( 5 ) Common Stock 8,626 $ 0 0 D ( 3 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Index Ventures Growth I (Jersey) L.P.
NO.1 SEATON PLACE, ST. HELIER
JERSEY (CHANNEL ISLANDS), X0JE4 8YJ
X
Index Venture Growth Associates I Ltd
N 1 SEATON PLACE
ST HELIER,JERSEY, CHANNEL ISL., X0JE4 8YJ
X
Index Ventures Growth I Parallel Entrepreneur Fund (Jersey) L.P.
NO.1 SEATON PLACE, ST. HELIER
JERSEY (CHANNEL ISLANDS), X0JE4 8YJ
X
Yucca (Jersey) SLP
44 THE ESPLANADE
ST. HELIER, Y9JE4 9WG
X
Signatures
INDEX VENTURES GROWTH I (JERSEY), L.P. by its Managing General Partner: Index Venture Growth Associates I Limited /s/ Nigel Greenwood, Director 04/22/2015
Signature of Reporting Person Date
INDEX VENTURES GROWTH I PARALLEL ENTREPRENEUR FUND (JERSEY) L.P. by its Managing General Partner: Index Venture Growth Associates I Limited /s/ Nigel Greenwood, Director 04/22/2015
Signature of Reporting Person Date
INDEX VENTURE GROWTH ASSOCIATES I LIMITED /s/ Nigel Greenwood, Director 04/22/2015
Signature of Reporting Person Date
Elian Employee Benefit Services Limited as Authorized Signatory of YUCCA (JERSEY) SLP in its capacity of Administrator of the Index Co-Investment Scheme /s/ Giles Johnstone Scott, Authorized Signatory 04/22/2015
Signature of Reporting Person Date
Elian Employee Benefit Services Limited as Authorized Signatory of YUCCA (JERSEY) SLP in its capacity of Administrator of the Index Co-Investment Scheme /s/ Alex Di Santo, Authorized Signatory 04/22/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The shares are held by Index Ventures Growth I (Jersey). L.P. Index Venture Growth Associates I Limited is the managing general partner of Index Ventures Growth I (Jersey), L.P. Nigel T. Greenwood, David Hall, Ian J. Henderson, Phil Balderson, Bernard Dalle and Sinead Meehan are directors of Index Venture Growth Associates I Limited. Mrs. Meehan and Messrs. Greenwood, Hall, Henderson, Balderson and Dalle share voting and dispositive power with respect to the shares. Each of these persons disclaims beneficial ownership of the shares except to the extent of his or her pecuniary interest therein.
( 2 )The shares are held by Index Ventures Growth I Parallel Entrepreneur Fund (Jersey). L.P. Index Venture Growth Associates I Limited is the managing general partner of Index Ventures Growth I Parallel Entrepreneur Fund (Jersey), L.P. Nigel T. Greenwood, David Hall, Ian J. Henderson, Phil Balderson, Bernard Dalle and Sinead Meehan are directors of Index Venture Growth Associates I Limited. Mrs. Meehan and Messrs. Greenwood, Hall, Henderson, Balderson and Dalle share voting and dispositive power with respect to the shares. Each of these persons disclaims beneficial ownership of the shares except to the extent of his or her pecuniary interest therein.
( 3 )The shares are held by Yucca (Jersey), SLP. The above shares represent securities held in a coinvestment fund that is contractually required to mirror Index Venture Growth Associates I Limited's investment. As a result, Mrs. Meehan and Messrs. Greenwood, Hall, Henderson, Balderson and Dalle may be deemed to have voting and dispositive power over Yucca (Jersey), SLP's shares by virtue of its shared dispositive power over and shared voting power over the shares held by Index Venture Growth Associates I Limited. Each of these persons disclaims beneficial ownership of the securities except to the extent of his or her pecuniary interest therein.
( 4 )In connection with the completion of the Issuer's initial public offering of Common Stock, each share of Series A Preferred Stock, Series A-1 Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, and Series E Preferred Stock automatically converted into five shares of common stock of the Issuer and has no expiration date or conversion price.
( 5 )In connection with the completion of the Issuer's initial public offering of Common Stock, each share of Series F Preferred Stock automatically converted into 0.5 shares of common stock of the Issuer and has no expiration date or conversion price.

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