4/A//SEC Filing
BERNS STEVEN 4/A
Accession 0001179110-18-003630
CIK 0001549346other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 4:29 PM ET
Size
7.4 KB
Accession
0001179110-18-003630
Insider Transaction Report
Form 4/AAmended
BERNS STEVEN
Director
Transactions
- Tax Payment
Common Stock
2018-03-01$49.42/sh−2,576$127,306→ 66,074 total - Award
Common Stock
2018-03-01+32,601→ 98,675 total
Footnotes (3)
- [F1]On March 1, 2018, the Reporting Person acquired 7,500 shares of common stock upon the vesting of restricted stock units ("RSUs"). In connection with this vest, 2,576 shares were withheld by the Issuer to cover taxes due upon vesting of the RSUs and the remaining net 4,924 shares of common stock continue to be held by the Reporting Person. As a result of administrative error, the Form 4 previously filed with the Securities and Exchange Commission on March 5, 2018 erroneously reported the withholding of shares by the Issuer to cover taxes due upon the vesting of RSUs as an acquisition of shares rather than a disposition of shares.
- [F2]As a result of administrative error, the acquisition of these RSUs was omitted from the Form 4 previously filed with the Securities and Exchange Commission on March 5, 2018.
- [F3]Consists of a restricted stock unit award made pursuant to the Issuer's Amended and Restated 2012 Omnibus Equity Incentive Plan, and each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. This award vests in four equal annual installments beginning March 1, 2019, subject in each case to the Reporting Person's continued employment on such vesting date.
Documents
Issuer
Shutterstock, Inc.
CIK 0001549346
Entity typeother
Related Parties
1- filerCIK 0001232995
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 4:29 PM ET
- Size
- 7.4 KB