4//SEC Filing
Hennessy Paul J. 4
Accession 0001415889-25-019293
CIK 0001549346other
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 4:05 PM ET
Size
14.3 KB
Accession
0001415889-25-019293
Insider Transaction Report
Form 4
Hennessy Paul J.
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Exercise/Conversion
Common Stock
2025-07-01+275,113→ 406,795 total - Tax Payment
Common Stock
2025-07-01$20.10/sh−137,340$2,760,534→ 269,455 total - Tax Payment
Common Stock
2025-07-01$20.10/sh−44,719$898,852→ 312,333 total - Exercise/Conversion
Restricted Stock Unit
2025-07-01−87,597→ 0 totalFrom: 2025-07-01→ Common Stock (87,597 underlying) - Exercise/Conversion
Common Stock
2025-07-01+87,597→ 357,052 total - Exercise/Conversion
Performance-based Restricted Stock Units
2025-07-01−275,113→ 0 totalFrom: 2025-07-01→ Common Stock (275,113 underlying)
Footnotes (4)
- [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, 2022 that vests in three equal annual installments beginning July 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.
- [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, 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, 4:05 PM ET
- Size
- 14.3 KB