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4//SEC Filing

Silvio Peter 4

Accession 0001415889-22-003905

CIK 0001549346other

View on SEC.gov Company Profile

Filed

Apr 5, 8:00 PM ET

Accepted

Apr 6, 4:15 PM ET

Size

19.4 KB

Accession

0001415889-22-003905

Insider Transaction Report

Form 4

Period: 2022-04-04

Shutterstock, Inc.SSTK

Chief Technology Officer

Transactions

Exercise/Conversion
Common Stock
2022-04-04+4,803→ 25,048 total
Exercise/Conversion
Common Stock
2022-04-04+2,735→ 25,274 total
Tax Payment
Common Stock
2022-04-04$93.41/sh−1,513$141,329→ 23,761 total
Exercise/Conversion
Common Stock
2022-04-04+942→ 24,703 total
Tax Payment
Common Stock
2022-04-04$93.41/sh−521$48,667→ 24,182 total
Exercise/Conversion
Performance-based Restricted Stock Units
2022-04-04−4,803→ 6,407 total
From: 2022-04-01→ Common Stock (4,803 underlying)
Exercise/Conversion
Restricted Stock Units
2022-04-04−2,735→ 0 total
From: 2022-04-01→ Common Stock (2,735 underlying)
Exercise/Conversion
Restricted Stock Units
2022-04-04−942→ 1,884 total
From: 2022-04-01→ Common Stock (942 underlying)
Tax Payment
Common Stock
2022-04-04$93.41/sh−2,509$234,366→ 22,539 total

Footnotes (5)

[F1]Each Performance-based RSU ("PSU") represents a contingent right to receive one share of the Issuer's common stock.
[F2]PSU award granted on April 1, 2021 that vests in three equal annual installments beginning April 1, 2022, 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 and subject to adjustment pursuant to the award agreement.
[F3]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
[F4]RSU award granted on April 1, 2019 that vests in three equal annual installments beginning April 1, 2020, subject to the Reporting Person's continued employment on such vesting date.
[F5]RSU award granted on April 1, 2021 that vests in three equal annual installments beginning April 1, 2022, subject to the Reporting Person's continued employment on such vesting date.

Documents

1 file

4
form4-04062022_040420.xmlPrimary

Issuer

Shutterstock, Inc.

CIK 0001549346

Entity typeother

Related Parties

1

filerCIK 0001809978

Filing Metadata

Form type: 4
Filed: Apr 5, 8:00 PM ET
Accepted: Apr 6, 4:15 PM ET
Size: 19.4 KB

View on SEC.gov