4//SEC Filing
Silvio Peter 4
Accession 0001140361-22-008025
CIK 0001549346other
Filed
Mar 3, 7:00 PM ET
Accepted
Mar 4, 5:41 PM ET
Size
8.4 KB
Accession
0001140361-22-008025
Insider Transaction Report
Form 4
Silvio Peter
Chief Technology Officer
Transactions
- Exercise/Conversion
Common Stock
2022-03-02+6,870→ 23,051 total - Exercise/Conversion
Performance- based Restricted Stock Units
2022-03-02+6,870→ 4,721 totalFrom: 2022-03-01→ Common Stock (6,870 underlying) - Tax Payment
Common Stock
2022-03-02$88.74/sh−2,806$249,004→ 20,245 total
Footnotes (2)
- [F1]Each PSU represents a contingent right to receive one share of the Issuer's common stock.
- [F2]Performance-based restricted stock unit ("PSU") award, granted on April 1, 2020 (the "2020 Award") that provides for an aggregate target award of 13,881 shares of Issuer's Common Stock, contingent upon, and subject to adjustment based on, the achievement of certain adjusted EBITDA margin and revenue growth performance thresholds for each annual performance period. Subject to Compensation Committee confirmation of achievement of performance, the 2020 Award vested on March 1, 2021 and March 1, 2022 and will vest on March 1, 2023 at 33%, 33% and 34% of the aggregate target, respectively, subject to adjustment pursuant to the award agreement.
Documents
Issuer
Shutterstock, Inc.
CIK 0001549346
Entity typeother
Related Parties
1- filerCIK 0001809978
Filing Metadata
- Form type
- 4
- Filed
- Mar 3, 7:00 PM ET
- Accepted
- Mar 4, 5:41 PM ET
- Size
- 8.4 KB