Filing Details

Accession Number:
0001144204-14-014171
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-03-07 16:57:23
Reporting Period:
2014-03-05
Filing Date:
2014-03-07
Accepted Time:
2014-03-07 16:57:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1549346 Shutterstock Inc. SSTK Services-Computer Processing & Data Preparation (7374) 800812659
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1232995 Steven Berns C/o Shutterstock, Inc.
350 Fifth Avenue, 21St Floor
New York NY 10118
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-03-05 5,000 $17.50 5,000 No 4 M Direct
Common Stock Disposition 2014-03-05 5,000 $99.87 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (right to buy) Disposition 2014-03-05 5,000 $0.00 5,000 $17.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
15,000 2021-03-31 No 4 M Direct
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.71 to $100.06. The reporting person undertakes to provide to Shutterstock, Inc., any security holder of Shutterstock, Inc., 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.
  2. The options were granted on March 15, 2012 and 25% of the shares underlying the option vested on March 15, 2013. The remaining shares vest, in equal quarterly installments of 1/16th of the original grant amount thereafter, starting on April 1, 2013.