X0306 4 2015-04-13 0 0001549346 Shutterstock, Inc. SSTK 0001637521 Gokhale Aditi C/O SHUTTERSTOCK, INC. 350 FIFTH AVENUE, 21ST FLOOR NEW YORK NY 10118 0 1 0 0 Chief Marketing Officer Common Stock 2015-04-13 4 A 0 42000 0 A 42000 D Consists of a restricted stock unit award made pursuant to the Issuer's 2012 Omnibus Equity Incentive Plan, and each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. This award vests in three equal annual installments beginning April 13, 2016, subject to the Reporting Person's employment on such vesting date. Vested shares will be delivered to the Reporting Person as soon as practicable following each vesting date. /s/ Laurie Harrison, Attorney-in-Fact 2015-04-14