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Shutterstock, Inc. Director's Dealing 2021

Apr 8, 2021

32498_dirs_2021-04-08_bd586f1e-73c7-43da-b2fd-07cd26f9cc48.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: 2021-04-05

Reporting Person: Ciardiello Steven (Chief Accounting Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-04-05 Common Stock S 829 $91.79 Disposed 32601 Direct
2021-04-05 Common Stock S 1051 $91.79 Disposed 31550 Direct
2021-04-05 Common Stock F 796 $91.36 Disposed 30754 Direct
2021-04-05 Common Stock F 1010 $91.36 Disposed 29744 Direct

Footnotes

F1: Shares were sold pursuant to a duly adopted 10b5-1 trading plan entered into in accordance with the Issuer's insider trading policy. The plan provides for periodic sales of a total maximum of 24,399 shares over the period beginning on March 22, 2021 through July 30, 2021 and was entered into for investment diversification purposes.

F2: On April 5, 2021, the Reporting Person acquired 1,625 shares of Issuer's common stock upon the vesting of restricted stock units (RSUs). In connection with this vest, 796 shares were withheld by the Issuer to cover taxes due upon vesting of the RSUs.

F3: On April 5, 2021, the Reporting Person acquired 2,061 shares of Issuer's common stock upon the vesting of RSUs. In connection with this vest, 1,010 shares were withheld by the Issuer to cover taxes due upon vesting of the RSUs.