PAVLOVSKY STAN (Co-Chief Operating Officer) exercised options at SHUTTERSTOCK, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 3/4/2022ACC: 0001140361-22-008027
Officer· Co-Chief Operating Officer
Since Apr 2019
+92.11K
Net shares
Net buyer
$2.80M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
123.68K acquired · 31.57K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+61.84K
Price / share
—
Trade value
—
% of position
81.5%
3/2/2022
75.88K→137.72K
Common Stock
Direct
Shares
−31.57K
Price / share
$88.74
Trade value
$2.80M
% of position
22.9%
3/2/2022
137.72K→106.15K
Total
Net shares
+30.27K
Net value
-$2.80M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/2/2022 | M · Option Exercise | +61.84K | — | — | 81.5% | 75.88K | 137.72K |
| Common Stock Direct | 3/2/2022 | F · Tax Withholding | −31.57K | $88.74 | $2.80M | 22.9% | 137.72K | 106.15K |
| Total | +30.27K | -$2.80M | ||||||
Derivative Transactions1
Performance- based Restricted Stock Units
Direct
Converts to
Common Stock
61.84K shares
Shares
+61.84K
Strike price
Held after
42.48K
Exercisable
—
3/2/2022
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance- based Restricted Stock Units Direct | Common Stock61.84K shares | 3/2/2022 | M · Option Exercise | +61.84K | — | 42.48K |