Jarrod Yahes - Jan 1, 2023 Form 4 Insider Report for Shutterstock, Inc. (SSTK)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ John Lapham, Attorney-in-Fact
Stock symbol
SSTK
Transactions as of
Jan 1, 2023
Transactions value $
-$177,245
Form type
4
Date filed
1/4/2023, 03:20 PM
Previous filing
Apr 6, 2022
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSTK Common Stock Options Exercise $0 +8.01K +33.82% $0.00 31.7K Jan 1, 2023 Direct
transaction SSTK Common Stock Tax liability -$177K -3.36K -10.6% $52.72 28.3K Jan 1, 2023 Direct

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 SSTK Restricted Stock Units Options Exercise $0 -8.01K -100% $0.00* 0 Jan 1, 2023 Common Stock 8.01K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F2 RSU award granted on January 2, 2020 that vests in three equal annual installments beginning January 1, 2021, subject to the Reporting Person's continued employment on such vesting date.