Oringer Jonathan - 02 May 2022 Form 4 Insider Report for Shutterstock, Inc. (SSTK)

Role: EXEC CHAIRMAN & INTERIM CEO, Director, 10%+ Owner
Signature: /s/ John Lapham, Attorney-in-Fact
Issuer symbol: SSTK
Transactions as of: 02 May 2022
Net transactions value: -$5,903,222
Form type: 4
Filing time: 04 May 2022, 16:21:01 UTC
Previous filing: 11 Apr 2022
Next filing: 06 May 2022
SEC: View on sec.gov

Quoteable Key Fact

"Oringer Jonathan filed Form 4 for Shutterstock, Inc. (SSTK) on 04 May 2022."

Quick Takeaways

This page summarizes Oringer Jonathan's Form 4 filing for Shutterstock, Inc. (SSTK).
12 reported transactions and 0 derivative rows are listed below.
Filing timestamp: 04 May 2022, 16:21.

What Changed

Previous filing in this sequence was filed on 11 Apr 2022.
Current net transaction value: -$5,903,222.

Why This Matters

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.

Source Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SSTK	Common Stock	Sale	$510,481	-6,773	-0.06%	$75.37	11,894,529	02 May 2022	Direct	F1, F2
transaction	SSTK	Common Stock	Sale	$696,376	-9,152	-0.08%	$76.09	11,885,377	02 May 2022	Direct	F1, F3
transaction	SSTK	Common Stock	Sale	$295,373	-3,839	-0.03%	$76.94	11,881,538	02 May 2022	Direct	F1, F4
transaction	SSTK	Common Stock	Sale	$370,174	-5,480	-0.05%	$67.55	11,876,058	03 May 2022	Direct	F1, F5
transaction	SSTK	Common Stock	Sale	$1,894,883	-27,582	-0.23%	$68.70	11,848,476	03 May 2022	Direct	F1, F6
transaction	SSTK	Common Stock	Sale	$1,737,206	-25,039	-0.21%	$69.38	11,823,437	03 May 2022	Direct	F1, F7
transaction	SSTK	Common Stock	Sale	$133,205	-1,894	-0.02%	$70.33	11,821,543	03 May 2022	Direct	F1, F8
transaction	SSTK	Common Stock	Sale	$28,700	-400	-0%	$71.75	11,821,143	03 May 2022	Direct	F1, F9
transaction	SSTK	Common Stock	Sale	$43,500	-600	-0.01%	$72.50	11,820,543	03 May 2022	Direct	F1, F10
transaction	SSTK	Common Stock	Sale	$80,773	-1,103	-0.01%	$73.23	11,819,440	03 May 2022	Direct	F1, F11
transaction	SSTK	Common Stock	Sale	$69,070	-925	-0.01%	$74.67	11,818,515	03 May 2022	Direct	F1, F12
transaction	SSTK	Common Stock	Sale	$43,482	-575	-0%	$75.62	11,817,940	03 May 2022	Direct	F1, F13

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 $74.63 to $75.62 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 $75.63 to $76.62 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 $76.63 to $77.14 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 $67.00 to $67.99 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 weig hted average price. These shares were sold in multiple transactions at prices ranging from $68.00 to $68.99 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.
F7	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.00 to $69.99 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.
F8	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.00 to $70.74 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.
F9	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.19 to $72.13 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.
F10	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.45 to $72.57 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.
F11	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.93 to $73.53 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.
F12	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.10 to $75.09 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.
F13	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.13 to $76.03 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.