Shutterstock, Inc. — Director's Dealing 2021

Apr 14, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Shutterstock, Inc. (SSTK)
CIK: 0001549346
Period of Report: 2021-04-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-04-05	Common Stock	F	2653	$91.36	Disposed	70512	Direct
2021-04-05	Common Stock	F	4487	$91.36	Disposed	66025	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-01	Restricted Stock Units	$	A	11305	Acquired		Common Stock (11305)	Direct

Footnotes

F1: On April 5, 2021, the Reporting Person acquired 5,416 shares of Issuer's common stock upon the vesting of restricted stock units (RSUs). In connection with this vest, 2,653 shares were withheld by the Issuer to cover taxes due upon vesting of the RSUs and the remaining net 2,763 shares of common stock continue to be held by the Reporting Person.

F2: On April 5, 2021, the Reporting Person acquired 9,161 shares of Issuer's common stock upon the vesting of RSUs. In connection with this vest, 4,487 shares were withheld by the Issuer to cover taxes due upon vesting of the RSUs and the remaining net 4,674 shares of common stock continue to be held by the Reporting Person.

F3: Each RSU represents a contingent right to receive one share of the Issuer's common stock.

F4: RSU award granted on April 1, 2021 that vests in three equal annual installments beginning April 1, 2022, subject to Reporting Person remaining employed by Issuer.