SEC Form 4 · accession 0001140361-16-089883
Shutterstock, Inc. · SSTK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Lieberman
Director
Period of report
Dec 13, 2016
Accepted (ET)
Dec 15, 2016 · 6:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001549346
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Dec 13, 2016 | J | 3,648 | $0.00 | D | 54,558 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the forfeiture by Mr. Lieberman, who resigned effective as of December 13, 2016, of a prior grant of restricted stock units from the Issuer pursuant to the Issuer's Amended and Restated 2012 Omnibus Equity Incentive Plan. Each such restricted stock unit represented a contingent right to receive one share of the Issuer's common stock and, as of Mr. Lieberman's resignation, such restricted stock units had not vested. As a result, pursuant to the terms of the grant, the shares were forfeited.