Oringer Jonathan - 09 Nov 2021 Form 4 Insider Report for Shutterstock, Inc. (SSTK)

Signature
/s/ John Lapham, Attorney-in-Fact
Issuer symbol
SSTK
Transactions as of
09 Nov 2021
Net transactions value
-$4,076,272
Form type
4
Filing time
12 Nov 2021, 07:17:14 UTC
Previous filing
09 Nov 2021
Next filing
15 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSTK Common Stock Sale $857,672 -7,097 -0.06% $120.85 12,509,537 09 Nov 2021 Direct F1, F2
transaction SSTK Common Stock Sale $1,099,347 -9,014 -0.07% $121.96 12,500,523 09 Nov 2021 Direct F1, F3
transaction SSTK Common Stock Sale $244,265 -1,994 -0.02% $122.50 12,498,529 09 Nov 2021 Direct F1, F4
transaction SSTK Common Stock Sale $25,593 -206 -0% $124.24 12,498,323 09 Nov 2021 Direct F1, F5
transaction SSTK Common Stock Sale $37,425 -300 -0% $124.75 12,498,023 09 Nov 2021 Direct F1, F6
transaction SSTK Common Stock Sale $362,024 -3,090 -0.02% $117.16 12,494,933 10 Nov 2021 Direct F1, F7
transaction SSTK Common Stock Sale $717,353 -6,070 -0.05% $118.18 12,488,863 10 Nov 2021 Direct F1, F8
transaction SSTK Common Stock Sale $485,985 -4,087 -0.03% $118.91 12,484,776 10 Nov 2021 Direct F1, F9
transaction SSTK Common Stock Sale $120,760 -1,006 -0.01% $120.04 12,483,770 10 Nov 2021 Direct F1, F10
transaction SSTK Common Stock Sale $125,846 -1,041 -0.01% $120.89 12,482,635 10 Nov 2021 Direct F1, F11
* 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 periodic sales of a total maximum of 1,560,000 shares over the period beginning on June 1, 2021 through May 31, 2022 and was entered into for investment diversification purposes.
F2 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.29 to $121.27 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.33 to $122.30 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.33 to $123.27 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.36 to $124.31 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $124.44 to $124.91 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.55 to $117.54 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.55 to $118.54 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.55 to $119.51 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.58 to $120.56 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F11 The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.58 to $121.21 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.