Caine John 4
4 · Shutterstock, Inc. · Filed Apr 5, 2023
Insider Transaction Report
Form 4
Caine John
GLOBAL HEAD OF ECOMMERCE
Transactions
- Award
Performance-based Restricted Stock Unit
2023-04-03+20,618→ 20,618 total→ Common Stock (20,618 underlying)
Footnotes (2)
- [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 3, 2023 that vests in three equal annual installments beginning April 1, 2024, 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.