0001140361-22-008028.txt : 20220304
0001140361-22-008028.hdr.sgml : 20220304
20220304174154
ACCESSION NUMBER: 0001140361-22-008028
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220302
FILED AS OF DATE: 20220304
DATE AS OF CHANGE: 20220304
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Yahes Jarrod
CENTRAL INDEX KEY: 0001796635
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35669
FILM NUMBER: 22715502
MAIL ADDRESS:
STREET 1: 425 W. 53RD STREET
STREET 2: PH1
CITY: NEW YORK
STATE: NY
ZIP: 10119
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
4
1
form4.xml
FORM 4
X0306
4
2022-03-02
0001549346
Shutterstock, Inc.
SSTK
0001796635
Yahes Jarrod
C/O SHUTTERSTOCK, INC.
350 FIFTH AVENUE, 21ST FLOOR
NEW YORK
NY
10118
true
Chief Financial Officer
Common Stock
2022-03-02
4
M
0
3435
0
A
20727
D
Common Stock
2022-03-02
4
F
0
1667
88.74
D
19060
D
Performance- based Restricted Stock Units
2022-03-02
4
M
0
3435
0
A
2022-03-01
Common Stock
3435
2360
D
Each PSU represents a contingent right to receive one share of the Issuer's common stock.
Performance-based restricted stock unit ("PSU") award, granted on April 1, 2020 (the "2020 Award") that provides for an aggregate target award of 6,940 shares of Issuer's Common Stock, contingent upon, and subject to adjustment based on, the achievement of certain adjusted EBITDA margin and revenue growth performance thresholds for each annual performance period. Subject to Compensation Committee confirmation of achievement of performance, the 2020 Award vested on March 1, 2021 and March 1, 2022 and will vest March 1, 2023 at 33%, 33% and 34% of the aggregate target, respectively, subject to adjustment pursuant to the award agreement.
/s/ John Lapham, Attorney-in-Fact
2022-03-04