Mikael Cho - 11 Jul 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
11 Jul 2023
Net transactions value
-$7,345
Form type
4
Filing time
13 Jul 2023, 16:41:53 UTC
Previous filing
30 Jun 2023
Next filing
17 Jul 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 $19.98 +6 +0% $3.33 141,969 11 Jul 2023 Direct
transaction GETY Class A Common Stock Sale $29.7 -6 -0% $4.95 141,963 11 Jul 2023 Direct F1
transaction GETY Class A Common Stock Options Exercise $4,892 +1,469 +1% $3.33 143,432 12 Jul 2023 Direct
transaction GETY Class A Common Stock Sale $7,316 -1,469 -1% $4.98 141,963 12 Jul 2023 Direct F1, F3
holding GETY Class A Common Stock 79,463 11 Jul 2023 By Spouse

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 $19.98 -6 -0% $3.33 499,972 11 Jul 2023 Class A Common Stock 6 $3.33 Direct F2
transaction GETY Stock Option (Right to Buy) Options Exercise $4,892 -1,469 -0.29% $3.33 498,503 12 Jul 2023 Class A Common Stock 1,469 $3.33 Direct F2
* 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 Stock options are fully vested and exercisable.
F3 This transaction was executed in multiple trades at prices ranging from $4.95 to $5.00. 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.