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Shutterstock, Inc. — Director's Dealing 2020
Jan 7, 2020
32498_dirs_2020-01-06_0f9e8755-a97a-4de5-a7fc-a4314b6daa61.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Shutterstock, Inc. (SSTK)
CIK: 0001549346
Period of Report: 2020-01-02
Reporting Person: Yahes Jarrod (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-01-02 | Common Stock | A | 23562 | — | Acquired | 23562 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-01-06 | Stock Option (Right to Buy) | $42.96 | A | 53022 | Acquired | 2030-01-06 | Common Stock (53022) | Direct |
Footnotes
F1: 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 annual installments, with 33% vesting on each of January 1, 2021 and January 1, 2022, and 34% vesting on January 1, 2023, subject in each case to the Reporting Person's continued employment on such vesting date.
F2: The option vests and becomes exercisable in three annual installments, with 33% vesting on each of January 1, 2021 and January 1, 2022, and 34% vesting on January 1, 2023, subject in each case to the Reporting Person's continued employment on such vesting date.