PAVLOVSKY STAN

PrivateCIK: 1455203

Location

RENTON, WA

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 · 4 exercises

PAVLOVSKY STAN

Filed: 4/6/2022ACC: 0001415889-22-003904

InsiderPAVLOVSKY STANCIK 1455203

→

IssuerSHUTTERSTOCK, INC.CIK 1549346

Officer· Co-Chief Operating Officer

Since Apr 2019

-18.11K

Net shares

Net seller

$1.69M

Total sold

0

Open market trades

0B · 0S

12

Total transactions

35.47K acquired · 53.57K disposed

Non-Derivative Transactions8

Common Stock

Direct

M · Option Exercise

Shares

+16.96K

Price / share

—

Trade value

—

% of position

16.0%

4/4/2022

106.15K→123.11K

Common Stock

Direct

F · Tax Withholding

Shares

−8.66K

Price / share

$93.41

Trade value

$808.65K

% of position

7.0%

4/4/2022

123.11K→114.45K

Common Stock

Direct

M · Option Exercise

Shares

+5.58K

Price / share

—

Trade value

—

% of position

4.9%

4/4/2022

114.45K→120.03K

Common Stock

Direct

F · Tax Withholding

Shares

−2.85K

Price / share

$93.41

Trade value

$266.13K

% of position

2.4%

4/4/2022

120.03K→117.18K

Common Stock

Direct

M · Option Exercise

Shares

+9.16K

Price / share

—

Trade value

—

% of position

7.8%

4/4/2022

117.18K→126.34K

Common Stock

Direct

F · Tax Withholding

Shares

−4.68K

Price / share

$93.41

Trade value

$436.88K

% of position

3.7%

4/4/2022

126.34K→121.67K

Common Stock

Direct

M · Option Exercise

Shares

+3.77K

Price / share

—

Trade value

—

% of position

3.1%

4/4/2022

121.67K→125.43K

Common Stock

Direct

F · Tax Withholding

Shares

−1.92K

Price / share

$93.41

Trade value

$179.72K

% of position

1.5%

4/4/2022

125.43K→123.51K

Total

Net shares

+17.36K

Net value

-$1.69M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/4/2022	M · Option Exercise	+16.96K	—	—	16.0%	106.15K	123.11K
Common Stock Direct	4/4/2022	F · Tax Withholding	−8.66K	$93.41	$808.65K	7.0%	123.11K	114.45K
Common Stock Direct	4/4/2022	M · Option Exercise	+5.58K	—	—	4.9%	114.45K	120.03K
Common Stock Direct	4/4/2022	F · Tax Withholding	−2.85K	$93.41	$266.13K	2.4%	120.03K	117.18K
Common Stock Direct	4/4/2022	M · Option Exercise	+9.16K	—	—	7.8%	117.18K	126.34K
Common Stock Direct	4/4/2022	F · Tax Withholding	−4.68K	$93.41	$436.88K	3.7%	126.34K	121.67K
Common Stock Direct	4/4/2022	M · Option Exercise	+3.77K	—	—	3.1%	121.67K	125.43K
Common Stock Direct	4/4/2022	F · Tax Withholding	−1.92K	$93.41	$179.72K	1.5%	125.43K	123.51K
Total			+17.36K		-$1.69M

Derivative Transactions4

Performance-based Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

16.96K shares

Shares

−16.96K

Strike price

Held after

22.61K

Exercisable

—

4/4/2022

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

5.58K shares

Shares

−5.58K

Strike price

Held after

0.00

Exercisable

—

4/4/2022

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

9.16K shares

Shares

−9.16K

Strike price

Held after

9.44K

Exercisable

—

4/4/2022

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

3.77K shares

Shares

−3.77K

Strike price

Held after

7.54K

Exercisable

—

4/4/2022

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Performance-based Restricted Stock Units Direct	Common Stock16.96K shares	4/4/2022	M · Option Exercise	−16.96K		—	22.61K
Restricted Stock Units Direct	Common Stock5.58K shares	4/4/2022	M · Option Exercise	−5.58K		—	0.00
Restricted Stock Units Direct	Common Stock9.16K shares	4/4/2022	M · Option Exercise	−9.16K		—	9.44K
Restricted Stock Units Direct	Common Stock3.77K shares	4/4/2022	M · Option Exercise	−3.77K		—	7.54K

PAVLOVSKY STAN — Insider Transaction (Form 4) Filed Apr 6, 2022 | Finecho