Form 4 for SSTK Shutterstock, Inc.
Accepted 2022-04-06 00:00:00 ET · period of report 2022-04-04 · accession 0001415889-22-003904 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-04-06 | 2022-04-04 | SSTK | Pavlovsky Stan | CEO, Dir | F - Tax | $93.41 | -18.1K | 117.2K | -13% | -$1.69M |
| DM | 2022-04-06 | 2022-04-04 | SSTK | Pavlovsky Stan | CEO, Dir | M - OptEx | $0.00 | +35.5K | 123.1K | +40% | $0 |
| DM | 2022-04-06 | 2022-04-04 | SSTK | Pavlovsky Stan | CEO, Dir | M - OptEx | $0.00 | -35.5K | 7,537 | -82% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-04-04 | F | D | 1,924 | $93.41 | 123,510 | D | — | — | |
| 2 | Common | Common Stock | 2022-04-04 | M | A | 3,768 | $0.00 | 125,434 | D | — | — | |
| 3 | Common | Common Stock | 2022-04-04 | F | D | 4,677 | $93.41 | 121,666 | D | — | — | |
| 4 | Common | Common Stock | 2022-04-04 | M | A | 9,161 | $0.00 | 126,343 | D | — | — | |
| 5 | Common | Common Stock | 2022-04-04 | M | A | 5,580 | $0.00 | 120,031 | D | — | — | |
| 6 | Common | Common Stock | 2022-04-04 | F | D | 8,657 | $93.41 | 114,451 | D | — | — | |
| 7 | Common | Common Stock | 2022-04-04 | M | A | 16,957 | $0.00 | 123,108 | D | — | — | |
| 8 | Common | Common Stock | 2022-04-04 | F | D | 2,849 | $93.41 | 117,182 | D | — | — | |
| 9 | Derivative | Performance-based Restricted Stock Units | 2022-04-04 | M | D | 16,957 | $0.00 | 22,612 | D | — · 2022-04-01 to — | 16,957 Common Stock | (F1) Each Performance-based RSU ("PSU") represents a contingent right to receive one share of the Issuer's common stock. (F2) PSU award granted on April 1, 2021 that vests in three equal annual installments beginning April 1, 2022, contingent upon, and subject to adjustment based on, the achievement of certain adjusted EBITDA margin and revenue growth performance thresholds for each annual performance period. Subject to Compensation Committee confirmation of achievement of performance and subject to adjustment pursuant to the award agreement. |
| 10 | Derivative | Restricted Stock Units | 2022-04-04 | M | D | 5,580 | $0.00 | 0 | D | — · 2022-04-01 to — | 5,580 Common Stock | (F3) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F4) RSU award granted on April 1, 2019 that vests in three equal annual installments beginning April 1, 2020, subject to the Reporting Person's continued employment on such vesting date. |
| 11 | Derivative | Restricted Stock Units | 2022-04-04 | M | D | 9,161 | $0.00 | 9,440 | D | — · 2022-04-01 to — | 9,161 Common Stock | (F3) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F5) RSU award granted on April 1, 2020 that vests in three equal annual installments beginning April 1, 2021, subject to the Reporting Person's continued employment on such vesting date. |
| 12 | Derivative | Restricted Stock Units | 2022-04-04 | M | D | 3,768 | $0.00 | 7,537 | D | — · 2022-04-01 to — | 3,768 Common Stock | (F3) Each RSU represents a contingent right to receive one share of the Issuer's common stock. (F6) 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. |