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Shutterstock, Inc. Major Shareholding Notification 2014

Feb 12, 2014

32498_mrq_2014-02-12_a17d5275-9b56-423b-bb1f-cf0b9ac65e1e.zip

Major Shareholding Notification

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SC 13G/A 1 shutterstock13ga1.htm SHUTTERSTOCK 13G A1 .style1 {font-size: 10pt}

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934 (Amendment No. 1)*

Shutterstock, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

825690100

(CUSIP Number)

December 31, 2013

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[ ] Rule 13d-1(b)

[ ] Rule 13d-1(c)

[ X ] Rule 13d-1(d)

  • The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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CUSIP No. 825690100

1 NAMES OF REPORTING PERSONS:
Adam Riggs
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):
(a) [ ]
(b) [ ]
3 SEC USE ONLY:
4 CITIZENSHIP OR PLACE OF ORGANIZATION:
United States
NUMBER
OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH: 5 SOLE VOTING POWER:
1,110,000
6 SHARED VOTING POWER:
0
7 SOLE DISPOSITIVE POWER:
1,110,000
8 SHARED DISPOSITIVE POWER:
0
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
1,110,000
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
[ ]
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
3.2%
Based on a total of 35,004,044 shares of the Issuer's Common Stock outstanding as of November 6, 2013, as reported in the Issuer's Quarterly Report on Form 10-Q for the period ended September 30, 2013.
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
IN

SCHEDULE 13G

Item 1(a) Name of Issuer.
Shutterstock, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices.
60 Broad Street, 30th Floor New York, NY 10004
Item 2(a) Name of Person Filing.
Adam Riggs
Item 2(b) Address of Principal Business Office or, if none, Residence.
c/o The Nelson Law Firm, LLC White Plains Plaza One North Broadway White Plains, NY 10601
Item 2(c) Citizenship.
United States
Item 2(d) Title of Class of Securities.
Common Stock, par value $0.01 per share
Item 2(e) CUSIP Number.
825690100
Item 3 This statement is not filed pursuant to Rules 13d-1(b), 13d-2(b) or 13d-2(c).
Item 4 Ownership .
(a) Amount
beneficially owned: 1,110,000
(b) Percent of Class: 3.2%
(c) Number of Shares as to which the person has: (i) Sole power to vote or to direct the vote: 1,110,000 (ii) Shared power to vote or to direct the vote:
0 (iii) Sole power to dispose or to direct the disposition of:
1,110,000 (iv) Shared power to dispose or to direct the disposition of: 0
Item 5 Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ X ]
Item 6 Ownership of More Than Five Percent on Behalf of Another Person.
Not applicable.
Item 7 Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported On By the Parent Holding Company or Control Person.
Not applicable.
Item 8 Identification and Classification of Members of the Group.
Not applicable.
Item 9 Notice of Dissolution of Group.
Not applicable.
Item 10 Certification.
Not applicable.

PAGEBREAK

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

ADAM RIGGS
Date: February 12, 2014
/s/ Adam Riggs

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