Mikael Cho - Jul 11, 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
Stock symbol
GETY
Transactions as of
Jul 11, 2023
Transactions value $
-$7,345
Form type
4
Date filed
7/13/2023, 04:41 PM
Previous filing
Jun 30, 2023
Next filing
Jul 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GETY Class A Common Stock Options Exercise $20.00 +6 +0% $3.33 142K Jul 11, 2023 Direct
transaction GETY Class A Common Stock Sale -$30 -6 0% $4.95 142K Jul 11, 2023 Direct F1
transaction GETY Class A Common Stock Options Exercise $4.89K +1.47K +1.03% $3.33 143K Jul 12, 2023 Direct
transaction GETY Class A Common Stock Sale -$7.32K -1.47K -1.02% $4.98 142K Jul 12, 2023 Direct F1, F3
holding GETY Class A Common Stock 79.5K Jul 11, 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 -$20 -6 0% $3.33 500K Jul 11, 2023 Class A Common Stock 6 $3.33 Direct F2
transaction GETY Stock Option (Right to Buy) Options Exercise -$4.89K -1.47K -0.29% $3.33 499K Jul 12, 2023 Class A Common Stock 1.47K $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.