Filing Details

Accession Number:
0001179110-15-004436
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-03-06 16:52:50
Reporting Period:
2015-03-04
Filing Date:
2015-03-06
Accepted Time:
2015-03-06 16:52:50
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
1232142 E Timothy Bixby C/O Shutterstock, Inc.
350 Fifth Avenue, 21St Floor
New York NY 10118
Chief Financial 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 Disposition 2015-03-04 2,067 $58.54 14,651 No 4 S Direct
Common Stock Acquisiton 2015-03-04 20,000 $0.00 34,651 No 4 A Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
Footnotes
  1. The purpose of this sale was to cover tax obligations of the Reporting Person in connection with the vesting of certain equity awards.
  2. This transaction was executed in multiple trades at prices ranging from $58.50 to $58.54; the price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC staff, the Issuer, or a security holder of the Issuer.
  3. On December 1, 2014, the Reporting Person acquired 234 shares of the Issuer's common stock under the Issuer's 2012 Employee Stock Purchase Plan.
  4. Consists of a restricted stock unit award made pursuant to the Issuer's 2012 Omnibus Equity Incentive Plan, and each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. This award vests in three equal annual installments beginning March 4, 2016, subject to the Reporting Person's employment on such vesting date. Vested shares will be delivered to the Reporting Person as soon as practicable following each vesting date.