0001415889-23-006281.txt : 20230405
0001415889-23-006281.hdr.sgml : 20230405
20230405163033
ACCESSION NUMBER: 0001415889-23-006281
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230403
FILED AS OF DATE: 20230405
DATE AS OF CHANGE: 20230405
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: 23802954
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: 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
form4-04052023_040410.xml
X0407
4
2023-04-03
0001549346
Shutterstock, Inc.
SSTK
0001796635
Yahes Jarrod
C/O SHUTTERSTOCK, INC.
350 FIFTH AVENUE, 20TH FLOOR
NEW YORK
NY
10118
false
true
false
false
CHIEF FINANCIAL OFFICER
0
Common Stock
2023-04-03
4
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Common Stock
2023-04-03
4
F
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Common Stock
2023-04-03
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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, 2021 that vests in three equal annual installments beginning April 1, 2022, 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 and subject to adjustment pursuant to the award agreement.
PSU award granted on April 1, 2022 that vests in three equal annual installments beginning April 1, 2023, 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 and subject to adjustment pursuant to the award agreement.
Each RSU represents a contingent right to receive one share of the Issuer's common stock.
RSU award granted on April 1, 2021 that vests in three equal annual installments beginning April 1, 2022, subject to the Reporting Person's continued employment on such vesting date.
RSU award granted on April 1, 2022 that vests in three equal annual installments beginning April 1, 2023, subject to the Reporting Person's continued employment on such vesting date.
PSU award granted on April 3, 2023 that vests in three equal annual installments beginning April 1, 2024, 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 and subject to adjustment pursuant to the award agreement.
RSU award granted on April 3, 2023 that vests in three equal annual installments beginning April 1, 2024, subject to the Reporting Person's continued employment on such vesting date.
/s/ John Lapham, Attorney-in-Fact
2023-04-05