Shutterstock, Inc. — Director's Dealing 2015

Sep 23, 2015

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Shutterstock, Inc. (SSTK)
CIK: 0001549346
Period of Report: 2015-09-21

Reporting Person: BERNS STEVEN (Chief Financial Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4321	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right to buy)	$17.5	2021-03-31	Common Stock (15000)		Direct

Footnotes

F1: Includes 2,328 shares of common stock subject to a restricted stock unit award granted on June 11, 2015 pursuant to the Issuer's 2012 Omnibus Equity Incentive Plan; each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. This award will vest in full on the earlier of (i) the one year anniversary of the date of grant and (ii) the date immediately preceding the date of the Issuer's 2016 annual meeting of stockholders, subject in each case to the Reporting Person continuing to serve as an officer on such vesting date. Vested shares will be delivered to the Reporting Person as soon as practicable following each vesting date.

F2: The option became exercisable as to 5,000 of the shares underlying the option on March 15, 2013 and as to an additional 6.25% of the shares per quarter thereafter.