Gene Foca - 19 Sep 2023 Form 4 Insider Report for Getty Images Holdings, Inc. (GETY)

Signature
/s/ Kjelti Kellough, as attorney in fact for Gene Foca
Issuer symbol
GETY
Transactions as of
19 Sep 2023
Net transactions value
-$1,428,000
Form type
4
Filing time
21 Sep 2023, 16:51:19 UTC
Previous filing
05 Sep 2023
Next filing
05 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GETY Class A Common Stock Options Exercise $548,000 +200,000 +60% $2.74 535,956 19 Sep 2023 Direct
transaction GETY Class A Common Stock Sale $1,428,000 -200,000 -37% $7.14 335,956 19 Sep 2023 Direct F1, F2

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 $548,000 -200,000 -16% $2.74 1,079,047 19 Sep 2023 Class A Common Stock 200,000 $2.74 Direct F3
* 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 $6.73 to $7.33. 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 Stock options are fully vested and exercisable.