Deirdre Mary Bigley - Jun 3, 2021 Form 4 Insider Report for Shutterstock, Inc. (SSTK)

Role
Director
Signature
/s/ John Lapham, Attorney-in-Fact
Stock symbol
SSTK
Transactions as of
Jun 3, 2021
Transactions value $
-$90,658
Form type
4
Date filed
6/7/2021, 03:30 PM
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSTK Common Stock Sale -$90.7K -1.02K -10.96% $89.23 8.25K Jun 4, 2021 Direct F1

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 Award $0 +1.7K $0.00 1.7K Jun 3, 2021 Common Stock 1.7K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold pursuant to a duly adopted 10b5-1 trading plan entered into in accordance with the Issuer's insider trading policy. The plan provides for sales to satisfy the estimated tax obligation relating the vesting of the Reporting Person's June 4, 2020 grant.
F2 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3 RSU award granted on June 3, 2021 that vests in full on the earlier of June 3, 2022, or the date immediately preceding the 2022 Annual Meeting of Shareholders, subject to the Reporting Person's continued service on such vesting date.