Sec Form 13G Filing - ROSENBLATT DAVID S filing for 1stdibs.com Inc. (DIBS) - 2023-02-10

Insider filing report for Changes in Beneficial Ownership

  • Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
  • Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO § 240.13d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2
Under the Securities Exchange Act of 1934
(Amendment No.: )*

1stdibs.com, Inc.
(Name of Issuer)


Common Stock, $0.01 par value per share
(Title of Class of Securities)

320551 104
(CUSIP Number)


December 31, 2022
(Date of Event which Requires Filing of Statement)



Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



CUSIP No. 320551 104
1NAMES OF REPORTING PERSONS: David S. Rosenblatt
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐
(b) ☒
3SEC Use Only
4CITIZENSHIP OR PLACE OF ORGANIZATION    USA
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH5SOLE VOTING POWER2,840,1531
6SHARED VOTING POWER0
7SOLE DISPOSITIVE POWER
2,840,1531
8SHARED DISPOSITIVE POWER0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON
2,840,1531
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ☒
11
PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
7.0%2
12TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    IN


1 Includes 1,471,475 shares of Common Stock (as defined below) and 1,368,678 shares of Common Stock subject to options held by the reporting person that are exercisable within 60 days of the date hereof (the “Options”).
2 Calculations of the percentage of the shares of Common Stock (as defined below) beneficially owned assumes 39,268,171 shares of Common Stock are outstanding as of February 9, 2022, and that the shares underlying the Options have been exercised and are outstanding.
Page 2 of 7


CUSIP No. 320551 104
1
NAMES OF REPORTING PERSONS: 2012 David Rosenblatt Family Trust dated November 30, 2012
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐
(b) ☒
3SEC Use Only
4CITIZENSHIP OR PLACE OF ORGANIZATION    New York
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH5SOLE VOTING POWER665,302
6SHARED VOTING POWER0
7SOLE DISPOSITIVE POWER665,302
8SHARED DISPOSITIVE POWER0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON
665,302    
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ☐
11
PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.6%2
12TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    OO


Page 3 of 7


CUSIP No. 320551 104
1
NAMES OF REPORTING PERSONS: 2012 Laura T. Rosenblatt Family Trust dated December 4, 2012
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
(a) ☐
(b) ☒
3SEC Use Only
4CITIZENSHIP OR PLACE OF ORGANIZATION    Maryland
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH5SOLE VOTING POWER22,500
6SHARED VOTING POWER0
7SOLE DISPOSITIVE POWER22,500
8SHARED DISPOSITIVE POWER0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY
EACH REPORTING PERSON
22,500    
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    ☐
11
PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.1%2    
12TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    OO


Page 4 of 7


Item 1
    (a) Name of Issuer:
    1stdibs.com, Inc.
    (b) Address of Issuer’s Principal Executive Offices:
51 Astor Place, 3rd Floor
New York, New York 10003
Item 2
    (a) Name of Persons Filing:
    David S. Rosenblatt
2012 David Rosenblatt Family Trust dated November 30, 2012
2012 Laura T. Rosenblatt Family Trust dated December 4, 2012

    (b) Address of Principal Business Office or, if none, Residence:
c/o 1stdibs.com, Inc.
51 Astor Place, 3rd Floor
New York, New York 10003

    (c) Citizenship:

David S. Rosenblatt is a citizen of the United States of America. The 2012 David Rosenblatt Family Trust dated November 30, 2012 is formed under the laws of the State of New York. The 2012 Laura T. Rosenblatt Family Trust dated December 4, 2012 is formed under the laws of the State of Maryland.

    (d) Title of Class of Securities:
    This Schedule 13G relates to the Common Stock, $0.01 par value per share (the “Common Stock”), of 1stdibs.com, Inc.

    (e) CUSIP Number: 320551 104
Item 3. If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:
Not applicable.

Item 4. Ownership
The responses to questions 5 through 9 and 11 on the cover pages are incorporated by reference into this Item 4. David S. Rosenblatt has no voting or dispositive power over shares of Common Stock held by the 2012 David Rosenblatt Family Trust dated November 30, 2012 or the 2012 Laura T. Rosenblatt Family Trust dated December 4, 2012 (collectively, the “Trusts”). Mr Rosenblatt disclaims beneficial ownership of the shares of Common Stock held by the Trusts, except to the extent of his pecuniary interest therein. The filing of this Schedule 13G shall not be deemed an admission that Mr. Rosenblatt is, for purposes of Section 13(g) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owner of any equity securities held by the Trusts and covered by this Schedule 13 G.

Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
Page 5 of 7


Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person
Not applicable.
Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9. Notice of Dissolution of Group
Not applicable.
Item 10. Certification
Not applicable.

Page 6 of 7


SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete, and correct.

David S. Rosenblatt
Dated: February 9, 2022/s/ David S. Rosenblatt

2012 David Rosenblatt Family Trust dated November 30, 2012
Dated: February 9, 2022
/s/ David Peltz
By: David Peltz
Its: Trustee

2012 Laura T. Rosenblatt Family Trust dated December 4, 2012
Dated: February 9, 2022
/s/ Gregory Belcher
By: Gregory Belcher
Its: Trustee

Page 7 of 7