Kenneth Arrigo Mainardis - Sep 24, 2024 Form 4 Insider Report for Getty Images Holdings, Inc. (GETY)

Signature
/s/ Kjelti Kellough, as attorney in fact for Ken Mainardis
Stock symbol
GETY
Transactions as of
Sep 24, 2024
Transactions value $
-$21,624
Form type
4
Date filed
9/26/2024, 04:30 PM
Previous filing
Jul 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GETY Class A Common Stock Sale -$21.6K -5.99K -2.71% $3.61 215K Sep 24, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The non-discretionary sales to cover mandatory tax withholding obligations in connection with the vesting and settlement of restricted stock units reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan instructions adopted in connection by the Reporting Person in the award agreement, dated March 16, 2023, for the restricted stock units grants.
F2 This transaction was executed in multiple trades at prices ranging from $3.57 to $3.65. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

Remarks:

Exhibit 24 - Power of Attorney, incorporated herein by reference