Pavlovsky Stan 4
4 · Shutterstock, Inc. · Filed Apr 13, 2021
Insider Transaction Report
Form 4
Pavlovsky Stan
President & COO
Transactions
- Award
Restricted Stock Units
2021-04-01+11,305→ 11,305 total→ Common Stock (11,305 underlying) - Tax Payment
Common Stock
2021-04-05$91.36/sh−2,653$242,378→ 70,512 total - Tax Payment
Common Stock
2021-04-05$91.36/sh−4,487$409,932→ 66,025 total
Footnotes (4)
- [F1]On April 5, 2021, the Reporting Person acquired 5,416 shares of Issuer's common stock upon the vesting of restricted stock units (RSUs). In connection with this vest, 2,653 shares were withheld by the Issuer to cover taxes due upon vesting of the RSUs and the remaining net 2,763 shares of common stock continue to be held by the Reporting Person.
- [F2]On April 5, 2021, the Reporting Person acquired 9,161 shares of Issuer's common stock upon the vesting of RSUs. In connection with this vest, 4,487 shares were withheld by the Issuer to cover taxes due upon vesting of the RSUs and the remaining net 4,674 shares of common stock continue to be held by the Reporting Person.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- [F4]RSU award granted on April 1, 2021 that vests in three equal annual installments beginning April 1, 2022, subject to Reporting Person remaining employed by Issuer.