4//SEC Filing
Oringer Jonathan 4
Accession 0001415889-25-009943
CIK 0001549346other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 4:20 PM ET
Size
22.4 KB
Accession
0001415889-25-009943
Insider Transaction Report
Form 4
Oringer Jonathan
DirectorChief Executive Officer10% Owner
Transactions
- Exercise/Conversion
Common Stock
2025-04-02+15,087→ 10,792,046 total - Tax Payment
Common Stock
2025-04-02$18.60/sh−4,205$78,213→ 10,787,841 total - Exercise/Conversion
Common Stock
2025-04-02+18,900→ 10,806,741 total - Tax Payment
Common Stock
2025-04-02$18.60/sh−4,636$86,230→ 10,802,105 total - Exercise/Conversion
Common Stock
2025-04-02+44,293→ 10,846,398 total - Tax Payment
Common Stock
2025-04-02$18.60/sh−14,543$270,500→ 10,831,855 total - Award
Restricted Stock Unit
2025-04-01+87,011→ 87,011 total→ Common Stock (87,011 underlying) - Exercise/Conversion
Performance-based Restricted Stock Unit
2025-04-02−15,087→ 0 totalFrom: 2025-04-01→ Common Stock (15,087 underlying) - Exercise/Conversion
Performance-based Restricted Stock Unit
2025-04-02−18,900→ 25,201 totalFrom: 2025-04-01→ Common Stock (18,900 underlying) - Exercise/Conversion
Performance-based Restricted Stock Unit
2025-04-02−44,293→ 72,813 totalFrom: 2025-04-01→ Common Stock (44,293 underlying)
Footnotes (6)
- [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 Restricted Stock Unit ("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 1, 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.
Documents
Issuer
Shutterstock, Inc.
CIK 0001549346
Entity typeother
Related Parties
1- filerCIK 0001559639
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 4:20 PM ET
- Size
- 22.4 KB