Oringer Jonathan - 07 Mar 2023 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 Mar 2023
Net transaction value: -$2,904,426
Form type: 4
Filing time: 09 Mar 2023, 15:20:09 UTC
Previous filing: 07 Mar 2023
Next filing: 13 Mar 2023
SEC filing: View on sec.gov

Key filing fact

Oringer Jonathan filed Form 4 for Shutterstock, Inc. (SSTK) on 09 Mar 2023.

Key facts

This page summarizes Oringer Jonathan's Form 4 filing for Shutterstock, Inc. (SSTK).
3 reported transactions and 0 derivative rows are listed below.
Filing timestamp: 09 Mar 2023, 15:20.

Change

Previous filing in this sequence was filed on 07 Mar 2023.
Current net transaction value: -$2,904,426.

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: $1,490,816
Shares: -19,725
Change %: -0.17%
Price: $75.58
Shares after: 11,456,098
Date: 07 Mar 2023
Ownership: Direct
Footnotes: F1, F2

SSTK transaction

Common Stock

Sale

Transaction value: $925,006
Shares: -12,136
Change %: -0.11%
Price: $76.22
Shares after: 11,443,962
Date: 07 Mar 2023
Ownership: Direct
Footnotes: F1, F3

SSTK transaction

Common Stock

Sale

Transaction value: $488,605
Shares: -6,500
Change %: -0.06%
Price: $75.17
Shares after: 11,437,462
Date: 08 Mar 2023
Ownership: Direct
Footnotes: F1, F4

^* 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 1,800,000 shares over the period beginning on June 1, 2022 through May 31, 2023 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 $75.00 to $75.99 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.
F3	The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.00 to $76.61 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 $75.00 to 75.60 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.