0001415889-22-007481.txt : 20220706 0001415889-22-007481.hdr.sgml : 20220706 20220706161511 ACCESSION NUMBER: 0001415889-22-007481 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220701 FILED AS OF DATE: 20220706 DATE AS OF CHANGE: 20220706 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hennessy Paul J. CENTRAL INDEX KEY: 0001637941 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35669 FILM NUMBER: 221068857 MAIL ADDRESS: STREET 1: C/O SHUTTERSTOCK, INC. STREET 2: 350 FIFTH AVENUE, 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10118 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Shutterstock, Inc. CENTRAL INDEX KEY: 0001549346 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] IRS NUMBER: 800812659 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 350 FIFTH AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10118 BUSINESS PHONE: 646-419-4452 MAIL ADDRESS: STREET 1: 350 FIFTH AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10118 4 1 form4-07062022_040701.xml X0306 4 2022-07-01 0001549346 Shutterstock, Inc. SSTK 0001637941 Hennessy Paul J. C/O SHUTTERSTOCK, INC. 350 FIFTH AVENUE, 21ST FLOOR NEW YORK NY 10118 true true false false CHIEF EXECUTIVE OFFICER Common Stock 31134 D Performance-based Restricted Stock Units 2022-07-01 4 A 0 262789 0 A Common Stock 262789 0 D Restricted Stock Unit 2022-07-01 4 A 0 262789 0 A Common Stock 262789 0 D Each Performance-based Restricted Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock. PSU award granted on July 1, 2022 that vests in three equal annual installments beginning July 1, 2023, contingent upon, and subject to adjustment based on, the achievement of certain adjusted EBITDA margin and revenue growth performance thresholds for each annual performance period. Subject to Compensation Committee confirmation of achievement of performance and subject to adjustment pursuant to the award agreement. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. RSU award granted on July 1, 2022 that vests in three equal annual installments beginning July 1, 2023, subject to the Reporting Person's continued employment on such vesting date. /s/ John Lapham, Attorney-in-Fact 2022-07-06