YAHES JARROD (Chief Financial Officer) exercised options at SHUTTERSTOCK, INC.

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

M · 4 exercises

YAHES JARROD

Filed: 4/5/2023ACC: 0001415889-23-006281

InsiderYAHES JARRODCIK 1796635

→

IssuerSHUTTERSTOCK, INC.CIK 1549346

Officer· Chief Financial Officer

Since Dec 2019

+45.32K

Net shares

Net buyer

$601.6K

Total sold

Open market trades

0B · 0S

Total transactions

68.64K acquired · 23.32K disposed

Non-Derivative Transactions8

Common Stock

Direct

M · Option Exercise

+4.24K

Price / share

—

Trade value

—

% of position

29.6%

4/3/2023

14.30K→18.54K

Common Stock

Direct

F · Tax Withholding

−2.31K

Price / share

$72.60

Trade value

$168K

% of position

12.5%

4/3/2023

18.54K→16.23K

Common Stock

Direct

M · Option Exercise

+6.17K

Price / share

—

Trade value

—

% of position

38.0%

4/3/2023

16.23K→22.40K

Common Stock

Direct

F · Tax Withholding

−3.41K

Price / share

$72.60

Trade value

$247.78K

% of position

15.2%

4/3/2023

22.40K→18.98K

Common Stock

Direct

M · Option Exercise

+1.88K

Price / share

—

Trade value

—

% of position

9.9%

4/3/2023

18.98K→20.87K

Common Stock

Direct

F · Tax Withholding

−1.04K

Price / share

$72.60

Trade value

$75.65K

% of position

5.0%

4/3/2023

20.87K→19.83K

Common Stock

Direct

M · Option Exercise

+2.74K

Price / share

—

Trade value

—

% of position

13.8%

4/3/2023

19.83K→22.57K

Common Stock

Direct

F · Tax Withholding

−1.52K

Price / share

$72.60

Trade value

$110.13K

% of position

6.7%

4/3/2023

22.57K→21.05K

Total

Net shares

+6.75K

Net value

-$601.56K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/3/2023	M · Option Exercise	+4.24K	—	—	29.6%	14.30K	18.54K
Common Stock Direct	4/3/2023	F · Tax Withholding	−2.31K	$72.60	$168K	12.5%	18.54K	16.23K
Common Stock Direct	4/3/2023	M · Option Exercise	+6.17K	—	—	38.0%	16.23K	22.40K
Common Stock Direct	4/3/2023	F · Tax Withholding	−3.41K	$72.60	$247.78K	15.2%	22.40K	18.98K
Common Stock Direct	4/3/2023	M · Option Exercise	+1.88K	—	—	9.9%	18.98K	20.87K
Common Stock Direct	4/3/2023	F · Tax Withholding	−1.04K	$72.60	$75.65K	5.0%	20.87K	19.83K
Common Stock Direct	4/3/2023	M · Option Exercise	+2.74K	—	—	13.8%	19.83K	22.57K
Common Stock Direct	4/3/2023	F · Tax Withholding	−1.52K	$72.60	$110.13K	6.7%	22.57K	21.05K
Total			+6.75K		-$601.56K

Derivative Transactions6

Performance-based Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

4.24K shares

−4.24K

Strike price

Held after

5.65K

Exercisable

—

4/3/2023

Performance-based Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

6.17K shares

−6.17K

Strike price

Held after

16.46K

Exercisable

—

4/3/2023

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

1.88K shares

−1.88K

Strike price

Held after

1.88K

Exercisable

—

4/3/2023

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

2.74K shares

−2.74K

Strike price

Held after

5.49K

Exercisable

—

4/3/2023

Performance-based Restricted Stock Unit

Direct

A · Award

Converts to

Common Stock

40.21K shares

+40.21K

Strike price

Held after

40.21K

Exercisable

—

4/3/2023

Restricted Stock Unit

Direct

A · Award

Converts to

Common Stock

13.40K shares

+13.40K

Strike price

Held after

13.40K

Exercisable

—

4/3/2023

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Performance-based Restricted Stock Unit Direct	Common Stock4.24K shares	4/3/2023	M · Option Exercise	−4.24K	—	5.65K
Performance-based Restricted Stock Unit Direct	Common Stock6.17K shares	4/3/2023	M · Option Exercise	−6.17K	—	16.46K
Restricted Stock Unit Direct	Common Stock1.88K shares	4/3/2023	M · Option Exercise	−1.88K	—	1.88K
Restricted Stock Unit Direct	Common Stock2.74K shares	4/3/2023	M · Option Exercise	−2.74K	—	5.49K
Performance-based Restricted Stock Unit Direct	Common Stock40.21K shares	4/3/2023	A · Award	+40.21K	—	40.21K
Restricted Stock Unit Direct	Common Stock13.40K shares	4/3/2023	A · Award	+13.40K	—	13.40K