0001415889-23-004113.txt : 20230303
0001415889-23-004113.hdr.sgml : 20230303
20230303162034
ACCESSION NUMBER: 0001415889-23-004113
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230302
FILED AS OF DATE: 20230303
DATE AS OF CHANGE: 20230303
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ciardiello Steven
CENTRAL INDEX KEY: 0001689707
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35669
FILM NUMBER: 23704325
MAIL ADDRESS:
STREET 1: 269 HANCE ROAD
CITY: FAIR HAVEN
STATE: NJ
ZIP: 07704
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: 20TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10118
BUSINESS PHONE: 646-419-4452
MAIL ADDRESS:
STREET 1: 350 FIFTH AVENUE
STREET 2: 20TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10118
4
1
form4-03032023_040313.xml
X0306
4
2023-03-02
0001549346
Shutterstock, Inc.
SSTK
0001689707
Ciardiello Steven
350 FIFTH AVENUE
20TH FLOOR
NEW YORK
NY
10118
false
true
false
false
CHIEF ACCOUNTING OFFICER
Common Stock
2023-03-02
4
M
0
4777
0
A
35689
D
Common Stock
2023-03-02
4
F
0
1782
74.41
D
33907
D
Performance-based Restricted Stock Unit
2023-03-02
4
M
0
4777
0
D
2023-03-01
Common Stock
4777
0
D
Each Performance-based RSU ("PSU") represents a contingent right to receive one share of the Issuer's common stock.
PSU award, granted on April 1, 2020 (the "2020 Award") 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, March 1, 2022 and 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
2023-03-03