secwatch.observer — SEC 8-K summary
======================================

Issuer:     ETSY INC (ETSY)
CIK:        0001370637
Form:       8-K
Filed at:   2021-10-12T23:59:59+00:00
Accession:  0001370637-21-000062
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Etsy extends Brooklyn headquarters lease to 2039; annual rent ~$12.6M
---------------------------------------------------------------------

- First Amendment to Lease signed Oct 7, 2021, effective Oct 1, 2021.
- Original lease term extended from July 31, 2026 to July 31, 2039.
- Annualized rent after concessions and allowances is approximately $12.6 million.
- Tenant improvement allowance starts April 2022; escalating rent commitments from 2028 to 2038.
- Property located at 117 Adams St and 55 Prospect St, Brooklyn, NY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370637/000137063721000062/0001370637-21-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370637/000137063721000062/etsy-20211007.htm
  HTML page:      https://secwatch.observer/filing/0001370637-21-000062

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer