CIARDIELLO STEVEN (Chief Accounting Officer) exercised options at SHUTTERSTOCK, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 7 exercises

CIARDIELLO STEVEN

Filed: 4/5/2024ACC: 0001415889-24-010398

InsiderCIARDIELLO STEVENCIK 1689707

→

IssuerSHUTTERSTOCK, INC.CIK 1549346

Officer· Chief Accounting Officer

Since Dec 2018

-2.28K

Net shares

Net seller

$102.9K

Total sold

Open market trades

0B · 0S

Total transactions

6.31K acquired · 8.58K disposed

Non-Derivative Transactions14

Common Stock

Direct

M · Option Exercise

+954.00

Price / share

—

Trade value

—

% of position

2.6%

4/4/2024

37.31K→38.26K

Common Stock

Direct

F · Tax Withholding

−344.00

Price / share

$45.21

Trade value

$15.55K

% of position

0.9%

4/4/2024

38.26K→37.92K

Common Stock

Direct

M · Option Exercise

+1.13K

Price / share

—

Trade value

—

% of position

3.0%

4/4/2024

37.92K→39.05K

Common Stock

Direct

F · Tax Withholding

−408.00

Price / share

$45.21

Trade value

$18.45K

% of position

1.0%

4/4/2024

39.05K→38.64K

Common Stock

Direct

M · Option Exercise

+2.42K

Price / share

—

Trade value

—

% of position

6.3%

4/4/2024

38.64K→41.06K

Common Stock

Direct

F · Tax Withholding

−873.00

Price / share

$45.21

Trade value

$39.47K

% of position

2.1%

4/4/2024

41.06K→40.19K

Common Stock

Direct

M · Option Exercise

+424.00

Price / share

—

Trade value

—

% of position

1.1%

4/4/2024

40.19K→40.61K

Common Stock

Direct

F · Tax Withholding

−153.00

Price / share

$45.21

Trade value

$6.92K

% of position

0.4%

4/4/2024

40.61K→40.46K

Common Stock

Direct

M · Option Exercise

+189.00

Price / share

—

Trade value

—

% of position

0.5%

4/4/2024

40.46K→40.65K

Common Stock

Direct

F · Tax Withholding

−69.00

Price / share

$45.21

Trade value

$3.12K

% of position

0.2%

4/4/2024

40.65K→40.58K

Common Stock

Direct

M · Option Exercise

+503.00

Price / share

—

Trade value

—

% of position

1.2%

4/4/2024

40.58K→41.08K

Common Stock

Direct

F · Tax Withholding

−182.00

Price / share

$45.21

Trade value

$8.23K

% of position

0.4%

4/4/2024

41.08K→40.90K

Common Stock

Direct

M · Option Exercise

+687.00

Price / share

—

Trade value

—

% of position

1.7%

4/4/2024

40.90K→41.59K

Common Stock

Direct

F · Tax Withholding

−248.00

Price / share

$45.21

Trade value

$11.21K

% of position

0.6%

4/4/2024

41.59K→41.34K

Total

Net shares

+4.03K

Net value

-$102.94K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/4/2024	M · Option Exercise	+954.00	—	—	2.6%	37.31K	38.26K
Common Stock Direct	4/4/2024	F · Tax Withholding	−344.00	$45.21	$15.55K	0.9%	38.26K	37.92K
Common Stock Direct	4/4/2024	M · Option Exercise	+1.13K	—	—	3.0%	37.92K	39.05K
Common Stock Direct	4/4/2024	F · Tax Withholding	−408.00	$45.21	$18.45K	1.0%	39.05K	38.64K
Common Stock Direct	4/4/2024	M · Option Exercise	+2.42K	—	—	6.3%	38.64K	41.06K
Common Stock Direct	4/4/2024	F · Tax Withholding	−873.00	$45.21	$39.47K	2.1%	41.06K	40.19K
Common Stock Direct	4/4/2024	M · Option Exercise	+424.00	—	—	1.1%	40.19K	40.61K
Common Stock Direct	4/4/2024	F · Tax Withholding	−153.00	$45.21	$6.92K	0.4%	40.61K	40.46K
Common Stock Direct	4/4/2024	M · Option Exercise	+189.00	—	—	0.5%	40.46K	40.65K
Common Stock Direct	4/4/2024	F · Tax Withholding	−69.00	$45.21	$3.12K	0.2%	40.65K	40.58K
Common Stock Direct	4/4/2024	M · Option Exercise	+503.00	—	—	1.2%	40.58K	41.08K
Common Stock Direct	4/4/2024	F · Tax Withholding	−182.00	$45.21	$8.23K	0.4%	41.08K	40.90K
Common Stock Direct	4/4/2024	M · Option Exercise	+687.00	—	—	1.7%	40.90K	41.59K
Common Stock Direct	4/4/2024	F · Tax Withholding	−248.00	$45.21	$11.21K	0.6%	41.59K	41.34K
Total			+4.03K		-$102.94K

Derivative Transactions7

Performance-based Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

954.00 shares

−954.00

Strike price

Held after

0.00

Exercisable

—

4/4/2024

Performance-based Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

1.13K shares

−1.13K

Strike price

Held after

1.51K

Exercisable

—

4/4/2024

Performance-based Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

2.42K shares

−2.42K

Strike price

Held after

4.12K

Exercisable

—

4/4/2024

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

424.00 shares

−424.00

Strike price

Held after

0.00

Exercisable

—

4/4/2024

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

189.00 shares

−189.00

Strike price

Held after

0.00

Exercisable

—

4/4/2024

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

503.00 shares

−503.00

Strike price

Held after

503.00

Exercisable

—

4/4/2024

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

687.00 shares

−687.00

Strike price

Held after

1.37K

Exercisable

—

4/4/2024

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Performance-based Restricted Stock Unit Direct	Common Stock954.00 shares	4/4/2024	M · Option Exercise	−954.00	—	0.00
Performance-based Restricted Stock Unit Direct	Common Stock1.13K shares	4/4/2024	M · Option Exercise	−1.13K	—	1.51K
Performance-based Restricted Stock Unit Direct	Common Stock2.42K shares	4/4/2024	M · Option Exercise	−2.42K	—	4.12K
Restricted Stock Unit Direct	Common Stock424.00 shares	4/4/2024	M · Option Exercise	−424.00	—	0.00
Restricted Stock Unit Direct	Common Stock189.00 shares	4/4/2024	M · Option Exercise	−189.00	—	0.00
Restricted Stock Unit Direct	Common Stock503.00 shares	4/4/2024	M · Option Exercise	−503.00	—	503.00
Restricted Stock Unit Direct	Common Stock687.00 shares	4/4/2024	M · Option Exercise	−687.00	—	1.37K