Peter Orlowsky - 12 Dec 2023 Form 4 Insider Report for Getty Images Holdings, Inc. (GETY)

Role
Senior Vice President
Signature
/s/ Kjelti Kellough, as attorney in fact for Peter Orlowsky
Issuer symbol
GETY
Transactions as of
12 Dec 2023
Net transactions value
-$197,016
Form type
4
Filing time
14 Dec 2023, 16:30:23 UTC
Previous filing
04 Dec 2023
Next filing
15 Dec 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 $13,099 +6,683 +3.4% $1.96 205,496 12 Dec 2023 Direct
transaction GETY Class A Common Stock Sale $33,682 -6,683 -3.3% $5.04 198,813 12 Dec 2023 Direct F1, F2
transaction GETY Class A Common Stock Options Exercise $63,645 +32,472 +16% $1.96 231,285 13 Dec 2023 Direct
transaction GETY Class A Common Stock Sale $163,334 -32,472 -14% $5.03 198,813 13 Dec 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 $13,099 -6,683 -8.1% $1.96 76,115 12 Dec 2023 Class A Common Stock 6,683 $1.96 Direct F3
transaction GETY Stock Option (Right to Buy) Options Exercise $63,645 -32,472 -43% $1.96 43,643 13 Dec 2023 Class A Common Stock 32,472 $1.96 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 $5.00 to $5.12. 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.