Pavlovsky Stan 4

4 · Shutterstock, Inc. · Filed Apr 6, 2022

Form 4

Period: 2022-04-04

President & COO

Transactions

Tax Payment
Common Stock
2022-04-04$93.41/sh−4,677$436,879→ 121,666 total
Exercise/Conversion
Common Stock
2022-04-04+3,768→ 125,434 total
Tax Payment
Common Stock
2022-04-04$93.41/sh−1,924$179,721→ 123,510 total
Exercise/Conversion
Performance-based Restricted Stock Units
2022-04-04−16,957→ 22,612 total
From: 2022-04-01→ Common Stock (16,957 underlying)
Exercise/Conversion
Restricted Stock Units
2022-04-04−5,580→ 0 total
From: 2022-04-01→ Common Stock (5,580 underlying)
Exercise/Conversion
Common Stock
2022-04-04+16,957→ 123,108 total
Tax Payment
Common Stock
2022-04-04$93.41/sh−8,657$808,650→ 114,451 total
Exercise/Conversion
Common Stock
2022-04-04+5,580→ 120,031 total
Tax Payment
Common Stock
2022-04-04$93.41/sh−2,849$266,125→ 117,182 total
Exercise/Conversion
Common Stock
2022-04-04+9,161→ 126,343 total
Exercise/Conversion
Restricted Stock Units
2022-04-04−9,161→ 9,440 total
From: 2022-04-01→ Common Stock (9,161 underlying)
Exercise/Conversion
Restricted Stock Units
2022-04-04−3,768→ 7,537 total
From: 2022-04-01→ Common Stock (3,768 underlying)

Footnotes (6)

[F1]Each Performance-based RSU ("PSU") represents a contingent right to receive one share of the Issuer's common stock.
[F2]PSU award granted on April 1, 2021 that vests in three equal annual installments beginning April 1, 2022, 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 RSU represents a contingent right to receive one share of the Issuer's common stock.
[F4]RSU award granted on April 1, 2019 that vests in three equal annual installments beginning April 1, 2020, subject to the Reporting Person's continued employment on such vesting date.
[F5]RSU award granted on April 1, 2020 that vests in three equal annual installments beginning April 1, 2021, subject to the Reporting Person's continued employment on such vesting date.
[F6]RSU award granted on April 1, 2021 that vests in three equal annual installments beginning April 1, 2022, subject to the Reporting Person's continued employment on such vesting date.

Documents

1 file