SEC Form 4 · accession 0001179110-15-009922

Shutterstock, Inc. · SSTK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP Enterprise Sales

Period of report

Jun 15, 2015

Accepted (ET)

Jun 16, 2015 · 6:19 pm EDT

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
Common Stock^F1	Jun 15, 2015	M	1,800	$15.00	A	20,316	D
Common Stock	Jun 15, 2015	M	800	$17.00	A	21,116	D
Common Stock	Jun 15, 2015	M	1,200	$25.29	A	22,316	D
Common Stock	Jun 15, 2015	S	4,300	$63.00	D	18,016	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F2	$15.00	Jun 15, 2015	M	1,800	D	—	Jul 5, 2021	Common Stock	1,800	5,700	D
Stock Option (right to buy)^F3	$17.00	Jun 15, 2015	M	800	D	—	Dec 20, 2021	Common Stock	800	763	D
Stock Option (right to buy)^F4	$25.29	Jun 15, 2015	M	1,200	D	—	Jan 29, 2023	Common Stock	1,200	3,200	D

F1On June 1, 2015, the Reporting Person acquired 280 shares of the Issuer's common stock under the Issuer's 2012 Employee Stock Purchase Plan.
F2The option became exercisable as to 1,875 shares on each of October 1, 2014, January 1, 2015 and April 1, 2015, respectively, and becomes exercisable as to the remaining 1,875 shares on July 1, 2015.
F3The option became exercisable as to (i) 313 shares on each of October 1, 2014 and April 1, 2015, respectively, and (ii) 312 shares on January 1, 2015, and becomes exercisable as to (x) 312 shares on July 1, 2015 and (y) 313 shares on October 1, 2015.
F4The option became exercisable as to 1,250 shares on January 29, 2014 and as to an additional 6.25% of the shares per quarter thereafter.