Filing Details
- Accession Number:
- 0001144204-14-065324
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-11-05 16:50:32
- Reporting Period:
- 2014-11-03
- Filing Date:
- 2014-11-05
- Accepted Time:
- 2014-11-05 16:50:32
- 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 |
|---|---|---|---|---|---|---|---|
| 1559640 | James Chou | C/O Shutterstock, Inc. 350 Fifth Avenue, 21St Floor New York NY 10118 | Chief Technology Officer | No | Yes | 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 | 2014-11-03 | 5,000 | $14.17 | 13,378 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2014-11-03 | 5,000 | $76.49 | 8,378 | 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 | 2014-11-03 | 5,000 | $0.00 | 5,000 | $14.17 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 80,000 | 2021-03-31 | No | 4 | M | Direct |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2014, as amended on June 12, 2014.
- The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.34 to $77.85, inclusive. 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.
- The option vests over four years, with 25% of the shares subject to the option having vested on April 1, 2012 and 6.25% of the shares subject to the option vesting on the first day of each calendar quarter thereafter.
Billionaire Hedge Funds
