Filing Details

Accession Number:
0001179110-22-002079
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-09 14:27:40
Reporting Period:
2022-03-07
Accepted Time:
2022-03-09 14:27:40
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
1559639 Jonathan Oringer C/O Shutterstock, Inc.
350 Fifth Avenue, 21St Floor
New York NY 10118
Executive Chairman Yes Yes Yes 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 Disposition 2022-03-07 7,543 $85.54 12,026,891 No 4 S Direct
Common Stock Disposition 2022-03-07 4,250 $86.40 12,022,641 No 4 S Direct
Common Stock Disposition 2022-03-07 3,523 $87.66 12,019,118 No 4 S Direct
Common Stock Disposition 2022-03-07 3,199 $88.48 12,015,919 No 4 S Direct
Common Stock Disposition 2022-03-07 600 $89.42 12,015,319 No 4 S Direct
Common Stock Disposition 2022-03-07 300 $90.76 12,015,019 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. 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.
  2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.03 to $86.02 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.
  3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.03 to $86.96 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.
  4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.07 to $88.02 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.
  5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.08 to $88.96 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.
  6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.26 to $89.80 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.
  7. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.74 to $90.77 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.