Mikael Cho - Mar 25, 2024 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
Mar 25, 2024
Transactions value $
-$179,095
Form type
4
Date filed
3/27/2024, 04:30 PM
Previous filing
Mar 22, 2024
Next filing
Jun 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GETY Class A Common Stock Sale -$119K -27.1K -18.77% $4.41 117K Mar 25, 2024 Direct F1, F2
transaction GETY Class A Common Stock Sale -$59.7K -13.5K -11.94% $4.41 99.9K Mar 25, 2024 By Spouse F2, 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 The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan instructions adopted to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units by the Reporting Person in the award agreement, dated March 16, 2023, for the restricted stock units grant.
F2 This transaction was executed in multiple trades at prices ranging from $4.10 to $4.99. 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 The sales reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan instructions adopted to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units by the Reporting Person in the award agreement, dated March 21, 2023, for the restricted stock units grant.