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Shutterstock, Inc. — Director's Dealing 2021
Jan 6, 2021
32498_dirs_2021-01-06_644bea63-a83d-4be4-a1af-c1c5e0590520.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: 2021-01-04
Reporting Person: Oringer Jonathan (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-04 | Common Stock | S | 5411 | $68.68 | Disposed | 13597413 | Direct |
| 2021-01-04 | Common Stock | S | 27537 | $69.26 | Disposed | 13569876 | Direct |
| 2021-01-04 | Common Stock | S | 1150 | $70.78 | Disposed | 13568726 | Direct |
| 2021-01-04 | Common Stock | S | 5363 | $72.30 | Disposed | 13563363 | Direct |
| 2021-01-04 | Common Stock | S | 10861 | $73.05 | Disposed | 13552502 | Direct |
| 2021-01-04 | Common Stock | S | 15524 | $74.22 | Disposed | 13536978 | Direct |
| 2021-01-04 | Common Stock | S | 12398 | $74.98 | Disposed | 13524580 | Direct |
| 2021-01-04 | Common Stock | S | 5801 | $76.14 | Disposed | 13518779 | Direct |
| 2021-01-04 | Common Stock | S | 955 | $76.87 | Disposed | 13517824 | 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 1,020,000 shares over the period beginning on June 1, 2020 through May 31, 2021 and was entered into for investment diversification purposes.
F2: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.92 to $68.91 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.92 to $69.91 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.55 to $71.54 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.56 to $72.55 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.56 to $73.55 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F7: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.66 to $74.65 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F8: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.66 to $75.65 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F9: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.68 to $76.67 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F10: The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.75 to $77.07 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.