Mikael Cho - 14 Jun 2023 Form 4 Insider Report for Getty Images Holdings, Inc. (GETY)

Role
Senior Vice President
Signature
/s/ Kjelti Kellough, as attorney in fact for Mikael Cho
Issuer symbol
GETY
Transactions as of
14 Jun 2023
Net transactions value
-$416,676
Form type
4
Filing time
16 Jun 2023, 17:30:29 UTC
Previous filing
23 Mar 2023
Next filing
21 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GETY Class A Common Stock Options Exercise $219,683 +65,971 +53% $3.33 190,971 14 Jun 2023 Direct
transaction GETY Class A Common Stock Sale $329,855 -65,971 -35% $5.00 125,000 14 Jun 2023 Direct F1, F2
transaction GETY Class A Common Stock Options Exercise $55,821 +16,763 +13% $3.33 141,763 15 Jun 2023 Direct
transaction GETY Class A Common Stock Sale $83,144 -16,763 -12% $4.96 125,000 15 Jun 2023 Direct F3
transaction GETY Class A Common Stock Options Exercise $2,354 +707 +1.1% $3.33 63,207 14 Jun 2023 By Spouse
transaction GETY Class A Common Stock Sale $3,676 -707 -1.1% $5.20 62,500 14 Jun 2023 By Spouse F1, F4

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 GETY Stock Option (Right to Buy) Options Exercise $219,683 -65,971 -10% $3.33 573,552 14 Jun 2023 Class A Common Stock 65,971 $3.33 Direct F5
transaction GETY Stock Option (Right to Buy) Options Exercise $55,821 -16,763 -2.9% $3.33 556,789 15 Jun 2023 Class A Common Stock 16,763 $3.33 Direct F5
transaction GETY Stock Option (Right to Buy) Options Exercise $2,354 -707 -0.11% $3.33 638,816 14 Jun 2023 Class A Common Stock 707 $3.33 By Spouse F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Transaction made pursuant to a Rule 10b5-1(c) plan adopted on March 15, 2023.
F2 This transaction was executed in multiple trades at prices ranging from $4.95 to $5.23. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 This transaction was executed in multiple trades at prices ranging from $4.95 to $5.01. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $5.15 to $5.23. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 Stock options are fully vested and exercisable.