Filing Details

Accession Number:
0001144204-14-012152
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-02-27 16:57:04
Reporting Period:
2014-02-25
Filing Date:
2014-02-27
Accepted Time:
2014-02-27 16:57:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1549346 Shutterstock Inc. SSTK Services-Computer Processing & Data Preparation (7374) 800812659
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1559640 James Chou C/O Shutterstock, Inc.
350 Fifth Avenue, 21St Floor
New York NY 10118
Chief Technology Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-02-25 5,000 $17.00 5,000 No 4 M Direct
Common Stock Disposition 2014-02-25 5,000 $98.70 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2014-02-25 5,000 $0.00 5,000 $17.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
45,000 2021-03-31 No 4 M Direct
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.50 to $98.86. The reporting person undertakes to provide to Shutterstock, Inc., any security holder of Shutterstock, Inc., 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.
  2. The option vests over six years, with 16.667% of the shares subject to the option having vested on December 20, 2012 and 4.167% of the shares subject to the option vesting on the first day of each calendar quarter thereafter.