Caine John 4
4 · Shutterstock, Inc. · Filed Apr 5, 2024
Insider Transaction Report
Form 4
Caine John
GLOBAL HEAD OF ECOMMERCE
Transactions
- Tax Payment
Common Stock
2024-04-04$45.21/sh−4,119$186,220→ 9,387 total - Exercise/Conversion
Common Stock
2024-04-04+8,067→ 13,506 total - Exercise/Conversion
Performance-based Restricted Stock Unit
2024-04-04−8,067→ 13,746 totalFrom: 2024-04-01→ Common Stock (8,067 underlying)
Footnotes (2)
- [F1]Each Performance-based Restricted Stock Unit ("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.