Ciardiello Steven 4

Accession 0001415889-25-009930

CIK 0001549346other

View on SEC.gov Company Profile

Filed

Apr 2, 8:00 PM ET

Accepted

Apr 3, 4:13 PM ET

Size

40.2 KB

Accession

0001415889-25-009930

Insider Transaction Report

Form 4

Period: 2025-04-01

Shutterstock, Inc.SSTK

Ciardiello Steven

CHIEF ACCOUNTING OFFICER

Transactions

Tax Payment
Common Stock
2025-04-02$18.60/sh−558$10,379→ 43,051 total
Exercise/Conversion
Common Stock
2025-04-02+3,178→ 46,229 total
Tax Payment
Common Stock
2025-04-02$18.60/sh−1,146$21,316→ 45,083 total
Exercise/Conversion
Common Stock
2025-04-02+503→ 45,586 total
Tax Payment
Common Stock
2025-04-02$18.60/sh−182$3,385→ 45,404 total
Exercise/Conversion
Common Stock
2025-04-02+687→ 46,091 total
Tax Payment
Common Stock
2025-04-02$18.60/sh−248$4,613→ 45,843 total
Exercise/Conversion
Common Stock
2025-04-02+870→ 46,713 total
Tax Payment
Common Stock
2025-04-02$18.60/sh−314$5,840→ 46,399 total
Award
Restricted Stock Unit
2025-04-01+7,119→ 7,119 total
→ Common Stock (7,119 underlying)
Award
Restricted Stock Unit
2025-04-01+23,730→ 23,730 total
→ Common Stock (23,730 underlying)
Exercise/Conversion
Performance-based Restricted Stock Unit
2025-04-02−1,131→ 0 total
From: 2025-04-01→ Common Stock (1,131 underlying)
Exercise/Conversion
Performance-based Restricted Stock Unit
2025-04-02−1,546→ 2,062 total
From: 2025-04-01→ Common Stock (1,546 underlying)
Exercise/Conversion
Performance-based Restricted Stock Unit
2025-04-02−3,178→ 5,226 total
From: 2025-04-01→ Common Stock (3,178 underlying)
Exercise/Conversion
Restricted Stock Unit
2025-04-02−503→ 0 total
From: 2025-04-01→ Common Stock (503 underlying)
Exercise/Conversion
Restricted Stock Unit
2025-04-02−687→ 687 total
From: 2025-04-01→ Common Stock (687 underlying)
Exercise/Conversion
Common Stock
2025-04-02+1,131→ 42,471 total
Tax Payment
Common Stock
2025-04-02$18.60/sh−408$7,589→ 42,063 total
Exercise/Conversion
Common Stock
2025-04-02+1,546→ 43,609 total
Exercise/Conversion
Restricted Stock Unit
2025-04-02−870→ 1,742 total
From: 2025-04-01→ Common Stock (870 underlying)

Footnotes (9)

[F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
[F2]RSU award granted on April 1, 2025 that vests in three equal annual installments beginning April 1, 2026, subject to the Reporting Person's continued employment on such vesting date.
[F3]Each Performance-based RSU ("PSU") represents a contingent right to receive one share of the Issuer's common stock.
[F4]PSU award granted on April 1, 2022 that vests in three equal annual installments beginning April 1, 2023, 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.
[F5]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.
[F6]PSU award granted on April 1, 2024 that vests in three equal annual installments beginning April 1, 2025, 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.
[F7]RSU award granted on April 1, 2022 that vests in three equal annual installments beginning April 1, 2023, subject to the Reporting Person's continued employment on such vesting date.
[F8]RSU award granted on April 3, 2023 that vests in three equal annual installments beginning April 1, 2024, subject to the Reporting Person's continued employment on such vesting date.
[F9]RSU award granted on April 1, 2024 that vests in three equal annual installments beginning April 1, 2025, subject to the Reporting Person's continued employment on such vesting date.

Documents

1 file

4
form4-04032025_080419.xmlPrimary

Issuer

Shutterstock, Inc.

CIK 0001549346

→

Entity typeother

Related Parties

filerCIK 0001689707

Filing Metadata

Form type: 4
Filed: Apr 2, 8:00 PM ET
Accepted: Apr 3, 4:13 PM ET
Size: 40.2 KB

View on SEC.gov