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Filing Details

Accession Number:: 0001415889-22-004704
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-05-06 16:11:10
Reporting Period:: 2022-05-04

Accepted Time:: 2022-05-06 16:11:10
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	Exec Chairman & Interim Ceo	No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2022-05-04	7,345	$66.28	11,810,595	No	4	S	Direct
Common Stock	Disposition	2022-05-04	19,773	$66.84	11,790,822	No	4	S	Direct
Common Stock	Disposition	2022-05-04	3,537	$68.00	11,787,285	No	4	S	Direct
Common Stock	Disposition	2022-05-04	1,937	$69.04	11,785,348	No	4	S	Direct
Common Stock	Disposition	2022-05-04	8,393	$69.96	11,776,955	No	4	S	Direct
Common Stock	Disposition	2022-05-05	4,323	$66.50	11,772,632	No	4	S	Direct
Common Stock	Disposition	2022-05-05	1,300	$67.61	11,771,332	No	4	S	Direct
Common Stock	Disposition	2022-05-05	30	$68.44	11,771,302	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
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

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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.51 to $66.50 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.51 to $67.50 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.51 to $68.50 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.55 to $69.50 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.57 to $70.25 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.05 to $66.88 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.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.19 to $68.06 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.