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Shutterstock, Inc. — Director's Dealing 2021
Apr 14, 2021
32498_dirs_2021-04-13_6ba43b25-4a06-4d42-bfae-943af62a1525.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: 2021-04-01
Reporting Person: Silvio Peter (Chief Technology Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-05 | Common Stock | F | 1433 | $91.36 | Disposed | 23144 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-01 | Restricted Stock Units | $ | A | 2826 | Acquired | Common Stock (2826) | Direct |
Footnotes
F1: On April 5, 2021, the Reporting Person acquired 2,735 shares of Issuer's common stock upon the vesting of restricted stock units (RSUs). In connection with this vest, 1,433 shares were withheld by the Issuer to cover taxes due upon vesting of the RSUs and the remaining net 1,302 shares of common stock continue to be held by the Reporting Person.
F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3: RSU award granted on April 1, 2021 that vests in three equal annual installments beginning April 1, 2022, subject to the Reporting Person's continued employment on such vesting date.