0001179110-17-004142.txt : 20170307 0001179110-17-004142.hdr.sgml : 20170307 20170307180939 ACCESSION NUMBER: 0001179110-17-004142 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170306 FILED AS OF DATE: 20170307 DATE AS OF CHANGE: 20170307 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Shutterstock, Inc. CENTRAL INDEX KEY: 0001549346 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 800812659 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 350 FIFTH AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10118 BUSINESS PHONE: 646-419-4452 MAIL ADDRESS: STREET 1: 350 FIFTH AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10118 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BERNS STEVEN CENTRAL INDEX KEY: 0001232995 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35669 FILM NUMBER: 17673267 MAIL ADDRESS: STREET 1: C/O MDC PARTNERS STREET 2: 950 THIRD AVENUE, 5TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10022 4 1 edgar.xml FORM 4 - X0306 4 2017-03-06 0 0001549346 Shutterstock, Inc. SSTK 0001232995 BERNS STEVEN C/O SHUTTERSTOCK, INC. 350 FIFTH AVENUE, 21ST FLOOR NEW YORK NY 10118 0 1 0 0 COO and CFO Common Stock 2017-03-06 4 M 0 15000 17.5 A 83366 D Common Stock 2017-03-06 4 S 0 9559 41.74 D 73807 D Stock Option (Right to Buy) 17.50 2017-03-06 4 M 0 15000 0 D 2021-03-31 Common Stock 15000 0 D Consists of a cashless exercise of an option to purchase common stock by the Reporting Person pursuant to which the Reporting Person acquired 15,000 shares of the Issuer's common stock. Following the sale of shares to pay the exercise price, cover withholding taxes and pay broker fees and commissions, the remaining net 5,441 shares of common stock continue to be held by the Reporting Person. Price reflected is a weighted-average sales price for shares sold. The shares were sold in multiple transactions and the range of sale prices for the transactions reported was $41.74 to $41.77. The Reporting Person undertakes to provide the Issuer, any security holder of the issuer, or any staff member of the Securities and Exchange Commission upon request, information regarding the number of shares sold at each separate price. This option became fully vested and exercisable on January 1, 2016. /s/ Heidi Garfield, Attorney-in-Fact 2017-03-07