0001415889-24-010004.txt : 20240403 0001415889-24-010004.hdr.sgml : 20240403 20240403162514 ACCESSION NUMBER: 0001415889-24-010004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240401 FILED AS OF DATE: 20240403 DATE AS OF CHANGE: 20240403 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Yahes Jarrod CENTRAL INDEX KEY: 0001796635 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35669 FILM NUMBER: 24819135 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] ORGANIZATION NAME: 06 Technology 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 form4-04032024_040402.xml X0508 4 2024-04-01 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 Performance-based Restricted Stock Unit 2024-04-01 4 A 0 48599 0 A Common Stock 48599 48599 D Restricted Stock Unit 2024-04-01 4 A 0 16199 0 A Common Stock 16199 16199 D Each Performance-based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock. PSU award granted on April 1, 2024 that vests in three equal annual installments beginning April 1, 2025, 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 Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. RSU award granted on April 1, 2024 that vests in three equal annual installments beginning April 1, 2025, subject to the Reporting Person's continued employment on such vesting date. /s/ John Lapham, Attorney-in-Fact 2024-04-03