Shutterstock, Inc. — Director's Dealing 2020

Apr 2, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shutterstock, Inc. (SSTK)
CIK: 0001549346
Period of Report: 2020-04-01

Reporting Person: Pavlovsky Stan (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-04-01	Common Stock	F	1840	$29.59	Disposed	14571	Direct
2020-04-01	Common Stock	A	27762	—	Acquired	42333	Direct

Footnotes

F1: On April 1, 2020, the Reporting Person acquired 5,415 shares of common stock upon the vesting of restricted stock units (RSUs). In connection with this vest, 1,840 shares were withheld by the Issuer to cover taxes due upon vesting of the RSUs and the remaining net 3,575 shares of common stock continue to be held by the Reporting Person.

F2: Consists of a restricted stock unit award made pursuant to the Issuer's Amended and Restated 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 three equal annual installments beginning April 1, 2021, subject in each case to the Reporting Person's continued employment on such vesting date.