Jarrod Yahes - 01 Jan 2023 Form 4 Insider Report for Shutterstock, Inc. (SSTK)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ John Lapham, Attorney-in-Fact
Issuer symbol: SSTK
Transactions as of: 01 Jan 2023
Transactions value $: -$177,245
Form type: 4
Filing time: 04 Jan 2023, 15:20:19 UTC
Previous filing: 06 Apr 2022
Next filing: 16 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SSTK	Common Stock	Options Exercise	$0	+8,012	+34%	$0	31,703	01 Jan 2023	Direct
transaction	SSTK	Common Stock	Tax liability	-$177,244	-3,362	-11%	$52.72	28,341	01 Jan 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SSTK	Restricted Stock Units	Options Exercise	$0	-8,012	-100%	$0^*	0	01 Jan 2023	Common Stock	8,012		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2	RSU award granted on January 2, 2020 that vests in three equal annual installments beginning January 1, 2021, subject to the Reporting Person's continued employment on such vesting date.