Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Director

On August 1, 2022, the Board of Directors (the "Board") of Squarespace, Inc. (the "Company") appointed Neela Montgomery to serve as a director on the Board, effective as of August 3, 2022 (the "Commencement Date"), until the Company's 2023 annual meeting of stockholders and until her successor is duly elected and qualified, or until her earlier death, resignation or removal. Effective as of the time of Ms. Montgomery's appointment, the Board increased the size of the Board to seven members.

Ms. Montgomery will be compensated as a member of the Board under the terms of the Company's non-employee director compensation policy currently in effect. On the Commencement Date, Ms. Montgomery will receive a grant of restricted stock units relating to shares of the Company's Class A common stock with an aggregate grant date value of $250,000, pro-rated for the portion of the year in which she serves as a member of the Board (the "Pro-Rated Grant"). The Pro-Rated Grant will vest in full on June 2, 2023, subject to her continued service through the vesting date. Subsequently, on the date of each annual meeting of the Company's stockholders, Ms. Montgomery will receive a grant of restricted stock units relating to shares of the Company's Class A common stock with an aggregate grant date value of $250,000, which will vest in full on the first anniversary of the grant date, subject to her continued service through the vesting date and in accordance with the Company's non-employee director compensation policy.

The Company expects to enter into the Company's standard form of indemnification agreement with Ms. Montgomery in connection with her appointment to the Board.

There are no arrangements or understandings between Ms. Montgomery and any other persons pursuant to which she was elected as a director of the Company. There are no family relationships between Ms. Montgomery and any other director or executive officer of the Company and she has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

The press release announcing Ms. Montgomery's appointment to the Board is attached hereto as Exhibit 99.1

Item 9.01 Financial Statements and Exhibits.



(d) Exhibits

Exhibit No.                Description
99.1                         Press Release Issued by the Company dated August 1, 2022
104                        Cover Page Interactive Data File - the cover page XBRL tags are embedded
                           within the Inline XBRL document


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