SILVIO PETER (Chief Technology Officer) exercised options at SHUTTERSTOCK, INC.

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

M · 3 exercises

SILVIO PETER

Filed: 4/6/2022ACC: 0001415889-22-003905

InsiderSILVIO PETERCIK 1809978

→

IssuerSHUTTERSTOCK, INC.CIK 1549346

Officer· Chief Technology Officer

Since Apr 2020

-4.54K

Net shares

Net seller

$424.4K

Total sold

Open market trades

0B · 0S

Total transactions

8.48K acquired · 13.02K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+4.80K

Price / share

—

Trade value

—

% of position

23.7%

4/4/2022

20.25K→25.05K

Common Stock

Direct

F · Tax Withholding

−2.51K

Price / share

$93.41

Trade value

$234.37K

% of position

10.0%

4/4/2022

25.05K→22.54K

Common Stock

Direct

M · Option Exercise

+2.73K

Price / share

—

Trade value

—

% of position

12.1%

4/4/2022

22.54K→25.27K

Common Stock

Direct

F · Tax Withholding

−1.51K

Price / share

$93.41

Trade value

$141.33K

% of position

6.0%

4/4/2022

25.27K→23.76K

Common Stock

Direct

M · Option Exercise

+942.00

Price / share

—

Trade value

—

% of position

4.0%

4/4/2022

23.76K→24.70K

Common Stock

Direct

F · Tax Withholding

−521.00

Price / share

$93.41

Trade value

$48.67K

% of position

2.1%

4/4/2022

24.70K→24.18K

Total

Net shares

+3.94K

Net value

-$424.36K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/4/2022	M · Option Exercise	+4.80K	—	—	23.7%	20.25K	25.05K
Common Stock Direct	4/4/2022	F · Tax Withholding	−2.51K	$93.41	$234.37K	10.0%	25.05K	22.54K
Common Stock Direct	4/4/2022	M · Option Exercise	+2.73K	—	—	12.1%	22.54K	25.27K
Common Stock Direct	4/4/2022	F · Tax Withholding	−1.51K	$93.41	$141.33K	6.0%	25.27K	23.76K
Common Stock Direct	4/4/2022	M · Option Exercise	+942.00	—	—	4.0%	23.76K	24.70K
Common Stock Direct	4/4/2022	F · Tax Withholding	−521.00	$93.41	$48.67K	2.1%	24.70K	24.18K
Total			+3.94K		-$424.36K

Derivative Transactions3

Performance-based Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

4.80K shares

−4.80K

Strike price

Held after

6.41K

Exercisable

—

4/4/2022

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

2.73K shares

−2.73K

Strike price

Held after

0.00

Exercisable

—

4/4/2022

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

942.00 shares

−942.00

Strike price

Held after

1.88K

Exercisable

—

4/4/2022

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Performance-based Restricted Stock Units Direct	Common Stock4.80K shares	4/4/2022	M · Option Exercise	−4.80K	—	6.41K
Restricted Stock Units Direct	Common Stock2.73K shares	4/4/2022	M · Option Exercise	−2.73K	—	0.00
Restricted Stock Units Direct	Common Stock942.00 shares	4/4/2022	M · Option Exercise	−942.00	—	1.88K