Yahes Jarrod 4

Accession 0001415889-24-010399

CIK 0001549346other

View on SEC.gov Company Profile

Filed

Apr 4, 8:00 PM ET

Accepted

Apr 5, 4:20 PM ET

Size

35.8 KB

Accession

0001415889-24-010399

Insider Transaction Report

Form 4

Period: 2024-04-04

Shutterstock, Inc.SSTK

Yahes Jarrod

Chief Financial Officer

Transactions

Exercise/Conversion
Common Stock
2024-04-04+4,239→ 25,292 total
Exercise/Conversion
Common Stock
2024-04-04+6,171→ 29,754 total
Exercise/Conversion
Common Stock
2024-04-04+15,732→ 42,999 total
Exercise/Conversion
Common Stock
2024-04-04+4,467→ 41,025 total
Exercise/Conversion
Restricted Stock Unit
2024-04-04−2,743→ 2,743 total
From: 2024-04-01→ Common Stock (2,743 underlying)
Tax Payment
Common Stock
2024-04-04$45.21/sh−1,042$47,109→ 35,332 total
Tax Payment
Common Stock
2024-04-04$45.21/sh−1,709$77,264→ 23,583 total
Tax Payment
Common Stock
2024-04-04$45.21/sh−2,487$112,437→ 27,267 total
Exercise/Conversion
Common Stock
2024-04-04+1,884→ 36,374 total
Tax Payment
Common Stock
2024-04-04$45.21/sh−1,517$68,584→ 36,558 total
Exercise/Conversion
Performance-based Restricted Stock Unit
2024-04-04−15,732→ 26,805 total
From: 2024-04-01→ Common Stock (15,732 underlying)
Tax Payment
Common Stock
2024-04-04$45.21/sh−8,509$384,692→ 34,490 total
Exercise/Conversion
Common Stock
2024-04-04+2,743→ 38,075 total
Tax Payment
Common Stock
2024-04-04$45.21/sh−2,471$111,714→ 38,554 total
Exercise/Conversion
Restricted Stock Unit
2024-04-04−1,884→ 0 total
From: 2024-04-01→ Common Stock (1,884 underlying)
Exercise/Conversion
Performance-based Restricted Stock Unit
2024-04-04−4,239→ 0 total
From: 2024-04-01→ Common Stock (4,239 underlying)
Exercise/Conversion
Performance-based Restricted Stock Unit
2024-04-04−6,171→ 8,230 total
From: 2024-04-01→ Common Stock (6,171 underlying)
Exercise/Conversion
Restricted Stock Unit
2024-04-04−4,467→ 8,935 total
From: 2024-04-01→ Common Stock (4,467 underlying)

Footnotes (8)

[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 vested 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]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.
[F4]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.
[F5]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
[F6]RSU award granted on April 1, 2021 that vested in three equal annual installments beginning April 1, 2022, subject to the Reporting Person's continued employment on such vesting date.
[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.

Documents

1 file

4
form4-04052024_040407.xmlPrimary

Issuer

Shutterstock, Inc.

CIK 0001549346

→

Entity typeother

Related Parties

filerCIK 0001796635

Filing Metadata

Form type: 4
Filed: Apr 4, 8:00 PM ET
Accepted: Apr 5, 4:20 PM ET
Size: 35.8 KB

View on SEC.gov