X0306 4 2022-03-02 0001549346 Shutterstock, Inc. SSTK 0001689707 Ciardiello Steven 350 FIFTH AVENUE, 21ST FLOOR NEW YORK NY 10118 true Chief Accounting Officer Common Stock 2022-03-02 4 M 0 6184 0 A 33674 D Common Stock 2022-03-02 4 F 0 2230 88.74 D 31444 D Common Stock 2022-03-02 4 M 0 2580 0 A 34024 D Common Stock 2022-03-02 4 F 0 934 88.74 D 33090 D Performance- based Restricted Stock Units 2022-03-02 4 M 0 6184 0 A 2022-03-01 Common Stock 6184 4247 D Restricted Stock Units 2022-03-02 4 M 0 2580 0 A 2022-03-01 Common Stock 2580 0 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 12,493 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. Each RSU represents a contingent right to receive one share of the Issuer's common stock. Consists of a restricted stock unit award made pursuant to the Issuer's Amended and Restated 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 four equal annual installments beginning March 1, 2019, subject in each case to the Reporting Person's continued employment on such vesting date. /s/ John Lapham, Attorney-in-Fact 2022-03-04