John Caine - Feb 1, 2023 Form 4 Insider Report for Shutterstock, Inc. (SSTK)

Role
GLOBAL HEAD OF ECOMMERCE
Signature
/s/ John Lapham, Attorney-in-Fact
Stock symbol
SSTK
Transactions as of
Feb 1, 2023
Transactions value $
$0
Form type
4
Date filed
2/2/2023, 03:25 PM
Previous filing
Feb 1, 2023
Next filing
Apr 5, 2023

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 Unit Award $0 +68.8K $0.00* 0 Feb 1, 2023 Common Stock 68.8K 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 February 1, 2023 that vests as follows: 25% on February 1, 2024; 25% on February 1, 2025; then 6.25% on each of May 1, 2025, August 1, 2025, November 1, 2025, February 1, 2026, May 1, 2026, August 1, 2026, November 1, 2026 and February 1, 2027, subject to the Reporting Person's continued employment on such vesting date.