AI assistant
Shutterstock, Inc. — Director's Dealing 2016
Mar 3, 2016
32498_dirs_2016-03-02_db430e30-95a8-40f9-a4f6-741155a756b1.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Shutterstock, Inc. (SSTK)
CIK: 0001549346
Period of Report: 2016-03-01
Reporting Person: BERNS STEVEN (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-01 | Common Stock | A | 15000 | — | Acquired | 59321 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-01 | Stock Option (right to buy) | $34.76 | A | 40000 | Acquired | 2026-03-01 | Common Stock (40000) | Direct |
Footnotes
F1: Consists of a restricted stock unit award made pursuant to the Issuer's 2012 Omnibus Equity Incentive Plan, and each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. This award vests in four equal annual installments beginning March 1, 2017, subject in each case to the Reporting Person's continued employment on such vesting date. Vested shares will be delivered to the Reporting Person as soon as practicable following each vesting date.
F2: The option becomes exercisable in four equal annual installments beginning March 1, 2017, subject in each case to the Reporting Person's continued employment on such vesting date.