Stan Pavlovsky - 23 Feb 2022 Form 4 Insider Report for Shutterstock, Inc. (SSTK)

Signature
/s/ John Lapham, Attorney-in-Fact
Issuer symbol
SSTK
Transactions as of
23 Feb 2022
Transactions value $
-$614,190
Form type
4
Filing time
24 Feb 2022, 15:19:22 UTC
Next filing
04 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSTK Common Stock Award $0 +16,740 +25% $0 82,765 23 Feb 2022 Direct F1
transaction SSTK Common Stock Tax liability -$614,190 -6,884 -8.3% $89.22 75,881 23 Feb 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a restricted stock unit award made pursuant to the Issuer's Amended and Restated 2012 Omnibus Equity Incentive Plan, and each restricted stock unit represents acontingent right to receive one share of the Issuer's common stock. This award was granted April 1, 2019 and vests in three installments beginning February 23, 2022, subject in each case to the Reporting Person's continued employment on such vesting date.