Form 4 for SSTK Shutterstock, Inc.
Accepted 2024-04-05 00:00:00 ET · period of report 2024-04-04 · accession 0001415889-24-010400 · 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 | 2024-04-05 | 2024-04-04 | SSTK | Oringer Jonathan | EXECUTIVE COB, Dir, 10% | F - Tax | $45.21 | -20.3K | 10.85M | -0.2% | -$917.2K |
| DM | 2024-04-05 | 2024-04-04 | SSTK | Oringer Jonathan | EXECUTIVE COB, Dir, 10% | M - OptEx | $0.00 | +58.8K | 10.86M | +0.5% | $0 |
| DM | 2024-04-05 | 2024-04-04 | SSTK | Oringer Jonathan | EXECUTIVE COB, Dir, 10% | M - OptEx | $0.00 | -58.8K | 0 | -100% | $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 | 2024-04-04 | F | D | 11,695 | $45.21 | 10,882,456 | D | — | — | |
| 2 | Common | Common Stock | 2024-04-04 | M | A | 29,584 | $0.00 | 10,894,151 | D | — | — | |
| 3 | Common | Common Stock | 2024-04-04 | F | D | 4,786 | $45.21 | 10,864,567 | D | — | — | |
| 4 | Common | Common Stock | 2024-04-04 | M | A | 15,086 | $0.00 | 10,869,353 | D | — | — | |
| 5 | Common | Common Stock | 2024-04-04 | F | D | 3,806 | $45.21 | 10,854,267 | D | — | — | |
| 6 | Common | Common Stock | 2024-04-04 | M | A | 14,133 | $0.00 | 10,858,073 | D | — | — | |
| 7 | Derivative | Performance-based Restricted Stock Unit | 2024-04-04 | M | D | 15,086 | $0.00 | 20,116 | D | — · 2024-04-01 to — | 15,086 Common Stock | (F1) Each Performance-based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock. (F3) PSU award granted on April 1, 2022 that vests in three equal annual installments beginning April 1, 2023, 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. |
| 8 | Derivative | Performance-based Restricted Stock Unit | 2024-04-04 | M | D | 29,584 | $0.00 | 50,401 | D | — · 2024-04-01 to — | 29,584 Common Stock | (F1) Each Performance-based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock. (F4) PSU award granted on April 3, 2023 that vests in three equal annual installments beginning April 1, 2024, 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. |
| 9 | Derivative | Performance-based Restricted Stock Unit | 2024-04-04 | M | D | 14,133 | $0.00 | 0 | D | — · 2024-04-01 to — | 14,133 Common Stock | (F1) Each Performance-based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock. (F2) PSU award granted on April 1, 2021 that vested 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. |