Steven Ciardiello - Jul 5, 2022 Form 4 Insider Report for Shutterstock, Inc. (SSTK)

Role: CHIEF ACCOUNTING OFFICER
Signature: /s/ John Lapham, Attorney-in-Fact
Stock symbol: SSTK
Transactions as of: Jul 5, 2022
Transactions value $: -$113,944
Form type: 4
Date filed: 7/8/2022, 04:15 PM
Previous filing: Apr 6, 2022
Next filing: Feb 23, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SSTK	Common Stock	Options Exercise	$0	+3.93K	+11.35%	$0.00	38.5K	Jul 5, 2022	Direct
transaction	SSTK	Common Stock	Tax liability	-$114K	-2.01K	-5.21%	$56.83	36.5K	Jul 5, 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SSTK	Restricted Stock Units	Options Exercise	$0	-3.93K	-100%	$0.00^*	0	Jul 5, 2022	Common Stock	3.93K		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2	RSU award granted on July 1, 2019 that vested in three equal annual installments beginning July 1, 2020, subject to the Reporting Person's continued employment on such vesting date.