4//SEC Filing
Hennessy Paul J. 4
Accession 0001415889-24-019193
CIK 0001549346other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 4:30 PM ET
Size
13.6 KB
Accession
0001415889-24-019193
Insider Transaction Report
Form 4
Hennessy Paul J.
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Award
Performance-based Restricted Stock Units
2024-07-01+162,544→ 162,544 totalFrom: 2026-07-01→ Common Stock (162,544 underlying) - Exercise/Conversion
Restricted Stock Unit
2024-07-02−87,596→ 87,597 totalFrom: 2024-07-01→ Common Stock (87,596 underlying) - Exercise/Conversion
Common Stock
2024-07-02+87,596→ 175,399 total - Tax Payment
Common Stock
2024-07-02$37.38/sh−43,717$1,634,141→ 131,682 total - Award
Restricted Stock Unit
2024-07-01+54,101→ 54,101 totalFrom: 2026-07-01→ Common Stock (54,101 underlying)
Footnotes (5)
- [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 July 1, 2024 that vests July 1, 2026, contingent upon, and subject to adjustment based on, the achievement of certain adjusted EBITDA margin and revenue growth performance thresholds for the performance period. Subject to Compensation Committee confirmation of achievement of performance and subject to adjustment pursuant to the award agreement.
- [F3]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F4]RSU award granted on July 1, 2024 that vests July 1, 2026, subject to the Reporting Person's continued employment on such vesting date.
- [F5]RSU award granted on July 1, 2022 that vests in three equal annual installments beginning July 1, 2023, subject to the Reporting Person's continued employment on such vesting date.
Documents
Issuer
Shutterstock, Inc.
CIK 0001549346
Entity typeother
Related Parties
1- filerCIK 0001637941
Filing Metadata
- Form type
- 4
- Filed
- Jul 2, 8:00 PM ET
- Accepted
- Jul 3, 4:30 PM ET
- Size
- 13.6 KB