Oringer Jonathan - 07 Apr 2022 Form 4 Insider Report for Shutterstock, Inc. (SSTK)

Role: EXECUTIVE CHAIRMAN, Director, 10%+ Owner
Signature: /s/ John Lapham, Attorney-in-Fact
Issuer symbol: SSTK
Transactions as of: 07 Apr 2022
Net transaction value: -$3,142,413
Form type: 4
Filing time: 11 Apr 2022, 16:15:18 UTC
Previous filing: 07 Apr 2022
Next filing: 04 May 2022
SEC filing: View on sec.gov

Key filing fact

Oringer Jonathan filed Form 4 for Shutterstock, Inc. (SSTK) on 11 Apr 2022.

Key facts

This page summarizes Oringer Jonathan's Form 4 filing for Shutterstock, Inc. (SSTK).
5 reported transactions and 0 derivative rows are listed below.
Filing timestamp: 11 Apr 2022, 16:15.

Change

Previous filing in this sequence was filed on 07 Apr 2022.
Current net transaction value: -$3,142,413.

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.

See Original Filing

Reported transactions

SSTK transaction

Common Stock

Sale

Transaction value: $775,496
Shares: -9,101
Change %: -0.08%
Price: $85.21
Shares after: 11,928,949
Date: 07 Apr 2022
Ownership: Direct
Footnotes: F1, F2

SSTK transaction

Common Stock

Sale

Transaction value: $938,662
Shares: -10,902
Change %: -0.09%
Price: $86.10
Shares after: 11,918,047
Date: 07 Apr 2022
Ownership: Direct
Footnotes: F1, F3

SSTK transaction

Common Stock

Sale

Transaction value: $191,043
Shares: -2,204
Change %: -0.02%
Price: $86.68
Shares after: 11,915,843
Date: 07 Apr 2022
Ownership: Direct
Footnotes: F1, F4

SSTK transaction

Common Stock

Sale

Transaction value: $487,763
Shares: -5,756
Change %: -0.05%
Price: $84.74
Shares after: 11,910,087
Date: 08 Apr 2022
Ownership: Direct
Footnotes: F1, F5

SSTK transaction

Common Stock

Sale

Transaction value: $749,448
Shares: -8,785
Change %: -0.07%
Price: $85.31
Shares after: 11,901,302
Date: 08 Apr 2022
Ownership: Direct
Footnotes: F1, F6

^* indicates a reported price that failed the local validity check.

Explanation of Responses:

Id	Content
F1	Shares were sold pursuant to a duly adopted 10b5-1 trading plan entered into in accordance with the Issuer's insider trading policy. The plan provides for periodic sales of a total maximum of 1,560,000 shares over the period beginning on June 1, 2021 through May 31, 2022 and was entered into for investment diversification purposes.
F2	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.58 to $85.57 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.60 to $86.59 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.63 to $86.80 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $84.01 to $85.00 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.01 to $85.90 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.