SEC Form SC 13G/A filed by Shutterstock Inc. (Amendment)

$SSTK
EDP Services
Technology
Get the next $SSTK alert in real time by email
SC 13G/A 1 arrowmark-sstk123121a4.htm



 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

 

SCHEDULE 13G/A

 

Under the Securities Exchange Act of 1934

(Amendment No. 4)*



Shutterstock, Inc.

(Name of Issuer)

 

Common Stock, Par Value $0.01 Per Share

(Title of Class of Securities)

 

825690100

(CUSIP Number)

 

 

December 31, 2021
(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

x Rule 13d-1(b)

o Rule 13d-1(c)

o Rule 13d-1(d)

 

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 


 

CUSIP No.  825690100
 SCHEDULE 13G/A
Page 2 of 6 Pages

 

         
1
NAME OF REPORTING PERSONS
 
ArrowMark Colorado Holdings LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) o
(b) o
 
3
SEC USE ONLY
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware, United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
465,095
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
465,095
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
465,095
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
1.27%
12
TYPE OF REPORTING PERSON
 
IA

 

 
 

 

CUSIP No.  825690100
 SCHEDULE 13G/A
Page 3 of 6 Pages

 

Item 1.(a) Name of Issuer

Shutterstock, Inc.

(b) Address of Issuer’s Principal Executive Offices

350 Fifth Avenue, 21st Floor

New York, NY 10118

Item 2.(a) Name of Person Filing

ArrowMark Colorado Holdings LLC

(b) Address of Principal Business Office, or, if none, Residence

100 Fillmore Street, Suite 325

Denver, Colorado 80206

(c) Citizenship

Please refer to Item 4 on each cover sheet for each filing person

 (d) Title of Class of Securities

Common Stock, Par Value $0.01 Per Share

 (e) CUSIP No.:

825690100

 
 

 

CUSIP No.  825690100
 SCHEDULE 13G/A
Page 4 of 6 Pages

 

 

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

  (a) ¨ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
 
  (b) ¨ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
 
  (c) ¨ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
 
  (d) ¨ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
 
  (e) x An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
 
  (f) ¨ An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
 
  (g) ¨ A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
 
  (h) ¨ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
 
  (i) ¨ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
 
  (j) ¨ A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
 
  (k) ¨ A group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:                            
       

 

 
 

 

CUSIP No. 825690100
 SCHEDULE 13G/A
Page 5 of 6 Pages

 

 

Item 4. Ownership

 

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 

(a) Amount beneficially owned: 465,095

(b) Percent of class: 1.27%

(c) Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote: 465,095

(ii) Shared power to vote or to direct the vote: 0

(iii) Sole power to dispose or to direct the disposition of: 465,095

(iv) Shared power to dispose or to direct the disposition of: 0

Item 5. Ownership of Five Percent or Less of a Class

 

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].

 Item 6. Ownership of More Than Five Percent on Behalf of Another Person

 

Not Applicable

Item 7. Identification and Classification of the Subsidiary which Acquired the Security Being Reported on by the Parent Holding Company or Control Person

 

Not Applicable

Item 8. Identification and Classification of Members of the Group

 

Not Applicable

Item 9. Notice of Dissolution of Group

 

Not Applicable

Item 10. Certification

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

  

 
 
CUSIP No. 825690100
 SCHEDULE 13G/A
Page 6 of 6 Pages

 

 

SIGNATURE

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: February 14, 2022

 

 

  ArrowMark Colorado Holdings LLC
       
  By:  Richard Grove
    Name:  Richard Grove
    Title:  Chief Compliance Officer

 

 

 

 

 

 

 

Get the next $SSTK alert in real time by email

Chat with this insight

Save time and jump to the most important pieces.

Recent Analyst Ratings for
$SSTK

DatePrice TargetRatingAnalyst
3/7/2025$45.00 → $30.00Buy
Needham
2/25/2025Buy → Hold
Truist
2/22/2024$55.00Equal-Weight
Morgan Stanley
10/19/2023$34.00Underperform
BofA Securities
11/28/2022Mkt Outperform → Mkt Perform
JMP Securities
8/25/2022Buy
Redburn
7/28/2022$54.00Equal-Weight
Morgan Stanley
2/11/2022$145.00 → $115.00Buy
Needham
More analyst ratings

$SSTK
Press Releases

Fastest customizable press release news feed in the world

See more
  • Shutterstock Reports Full Year 2024 and Fourth Quarter Financial Results

    NEW YORK, Feb. 25, 2025 /PRNewswire/ -- Shutterstock, Inc. (NYSE:SSTK) (the "Company"), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced financial results for the full year and fourth quarter ended December 31, 2024. Commenting on the Company's performance, Paul Hennessy, the Company's Chief Executive Officer, said, "We are proud that Shutterstock achieved record revenues and Adjusted EBITDA in 2024. Our Content business grew on a year over year basis and each component o

    $SSTK
    EDP Services
    Technology
  • Shutterstock To Report Fourth Quarter 2024 Earnings Results on February 25, 2025

    NEW YORK, Jan. 28, 2025 /PRNewswire/ -- Shutterstock, Inc. (NYSE:SSTK), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, will report its fourth quarter 2024 business and financial results on Tuesday February 25, 2025, before the market opens. In light of the company's entry into a definitive merger agreement with Getty Images Holdings, Inc., Shutterstock will not be hosting a conference call or providing financial guidance in conjunction with its fourth quarter 2024 results. ABOUT SHUTTE

    $SSTK
    EDP Services
    Technology
  • Shutterstock Returns to 2025 Sundance Film Festival as Official House Photographer and Leadership Sponsor

    Shutterstock brings back exclusive VIP Portrait Studio and Shutterstock Chalet, joins panel to Explore the Future of Branded Entertainment and Audience Engagement NEW YORK, Jan. 14, 2025 /PRNewswire/ -- Shutterstock, Inc. (NYSE:SSTK), a leading global creative platform that fuels impactful storytelling for brands and business leaders through licensable assets, data and AI solutions, and creative production, today announced it is returning to the 2025 Sundance Film Festival as the Official House Photographer and Portrait Studio Partner. The festival, which is often described as one of the most prestigious and influential events in the independent film world, will take place from January 23 to

    $SSTK
    EDP Services
    Technology

$SSTK
Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

See more

$SSTK
Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

See more

$SSTK
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

See more

$SSTK
SEC Filings

See more

$SSTK
Leadership Updates

Live Leadership Updates

See more
  • Shutterstock Returns to 2025 Sundance Film Festival as Official House Photographer and Leadership Sponsor

    Shutterstock brings back exclusive VIP Portrait Studio and Shutterstock Chalet, joins panel to Explore the Future of Branded Entertainment and Audience Engagement NEW YORK, Jan. 14, 2025 /PRNewswire/ -- Shutterstock, Inc. (NYSE:SSTK), a leading global creative platform that fuels impactful storytelling for brands and business leaders through licensable assets, data and AI solutions, and creative production, today announced it is returning to the 2025 Sundance Film Festival as the Official House Photographer and Portrait Studio Partner. The festival, which is often described as one of the most prestigious and influential events in the independent film world, will take place from January 23 to

    $SSTK
    EDP Services
    Technology
  • Shutterstock Appoints Matt Furlong as Chief Marketplace Officer

    Former Gamestop executive to join leadership team as head of Marketplace division NEW YORK, Jan. 8, 2025 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced that Matt Furlong will be joining Shutterstock to lead the company's Marketplace division as Chief Marketplace Officer on Monday, January 13. In this position and as part of the Shutterstock executive leadership team, Matt will have a key role in shaping th

    $SSTK
    EDP Services
    Technology
  • Shutterstock Appoints Microsoft's Jaime Teevan to Board of Directors

    NEW YORK, July 9, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced that Jaime Teevan, Chief Scientist and Technical Fellow at Microsoft, has been appointed to the company's board of directors. Teevan is currently responsible for driving research-backed innovation in Microsoft's core products and previously held the role of Technical Advisor to Microsoft CEO Satya Nadella.  Jaime Teevan, Chief Scientist

    $SSTK
    EDP Services
    Technology

$SSTK
Financials

Live finance-specific insights

See more
  • Shutterstock Reports Full Year 2024 and Fourth Quarter Financial Results

    NEW YORK, Feb. 25, 2025 /PRNewswire/ -- Shutterstock, Inc. (NYSE:SSTK) (the "Company"), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced financial results for the full year and fourth quarter ended December 31, 2024. Commenting on the Company's performance, Paul Hennessy, the Company's Chief Executive Officer, said, "We are proud that Shutterstock achieved record revenues and Adjusted EBITDA in 2024. Our Content business grew on a year over year basis and each component o

    $SSTK
    EDP Services
    Technology
  • Shutterstock To Report Fourth Quarter 2024 Earnings Results on February 25, 2025

    NEW YORK, Jan. 28, 2025 /PRNewswire/ -- Shutterstock, Inc. (NYSE:SSTK), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, will report its fourth quarter 2024 business and financial results on Tuesday February 25, 2025, before the market opens. In light of the company's entry into a definitive merger agreement with Getty Images Holdings, Inc., Shutterstock will not be hosting a conference call or providing financial guidance in conjunction with its fourth quarter 2024 results. ABOUT SHUTTE

    $SSTK
    EDP Services
    Technology
  • Getty Images and Shutterstock to Merge, Creating a Premier Visual Content Company

    Merged company will be well-positioned to meet the evolving needs of creative, media, and advertising industries through combined investment in content creation, event coverage, and product and technology innovation Expected annual cost synergies between $150 million and $200 million by year threeExpected to be accretive to earnings and cash flow beginning in year twoCompanies will hold conference call to discuss the transaction with investment community today at 8.30a.m. EST NEW YORK, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Getty Images Holdings, Inc. (NYSE:GETY) and Shutterstock (NYSE:SSTK) today announced that they entered into a definitive merger agreement to combine in a merger of equals t

    $GETY
    $SSTK
    Business Services
    Consumer Discretionary
    EDP Services
    Technology

$SSTK
Large Ownership Changes

This live feed shows all institutional transactions in real time.

See more