Oringer Jonathan - 01 Apr 2022 Form 4 Insider Report for Shutterstock, Inc. (SSTK)

Reporting relationship: EXECUTIVE CHAIRMAN, Director, 10%+ Owner
Issuer ticker: SSTK
Reported as of: 01 Apr 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 06 Apr 2022, 16:30:18 UTC
Prior SEC filing: 09 Mar 2022
Next SEC filing: 06 Apr 2022
Source filing: View source filing
Reporting owner signature: /s/ John Lapham, Attorney-in-Fact

Key filing fact

Oringer Jonathan filed Form 4 for Shutterstock, Inc. (SSTK) on 06 Apr 2022.

Key facts

This page summarizes Oringer Jonathan's Form 4 filing for Shutterstock, Inc. (SSTK).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 06 Apr 2022, 16:30.

Change

Previous filing in this sequence was filed on 09 Mar 2022.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SSTK transaction Derivative

Performance-based Restricted Stock Unit

Award

Transaction value: $0
Shares: +60,346
Change %
Price: $0.000000
Shares after: 60,346
Date: 01 Apr 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 60,346
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each Performance-based RSU ("PSU") represents a contingent right to receive one share of the Issuer's common stock.

Footnote F2

PSU award granted on April 1, 2022 that vests in three equal annual installments beginning April 1, 2023, contingent upon, and subject to adjustment based on, the achievement of certain adjusted EBITDA margin and revenue growth performance thresholds for each annual performance period. Subject to Compensation Committee confirmation of achievement of performance and subject to adjustment pursuant to the award agreement.

SEC remarks

This Form 4 is being filed late due to inadvertent administrative error.