Shutterstock CFO converts stock award to 3,635 shares
The RSU award was granted on November 1, 2024, and vests in three equal annual installments beginning November 1, 2025, subject to continued employment.
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Rhea-AI Filing Summary
Shutterstock, Inc. Chief Financial Officer Rikki Powell acquired 3,635 common shares through the conversion of restricted stock units on November 1, 2026. A separate transaction reported 2,008 shares delivered or withheld for payment of exercise price or tax liability at $4.14 per share. The reported post-transaction restricted-stock-unit position was 3,636 units. The transactions were reported under a Rule 10b5-1 trading plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F2 | 3,635 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,635 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,008 | $4.14 | $8K |
Footnotes (2)
- 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 November 1, 2024 that vests in three equal annual installments beginning November 1, 2025, subject to the Reporting Person's continued employment on such vesting date.
Key Figures
Key Terms
Restricted Stock Unit financial
contingent right financial
annual installments financial
continued employment financial
FAQ
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What is the vesting schedule for Rikki Powell's SSTK RSUs?
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