Shutterstock appoints John Caine as Global Head of E-Commerce effective Jan 30, 2023

Shutterstock, Inc.

John Caine, formerly CPO of NerdWallet, joins as Global Head of E-Commerce; effective Jan 30, 2023.
Annual base salary of $500,000; initial annual cash bonus target of 60% of base salary.
One-time sign-on bonus of $150,000 with repayment condition if departure within one year.
Equity grants: $4 million in RSUs vesting over 4 years, plus additional $1.5 million equity award in 2023.
Severance includes 12 months base salary, COBRA reimbursement, and pro-rata bonus (non-CIC); accelerated vesting for 12 months post-termination.

item 5.02 item 9.01

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Appointed

John Caine

Global Head of E-Commerce

SSTK · Shutterstock, Inc.

Effective: 2023-01-30
Filed: January 17, 2023, 6:59 PM ET

On January 17, 2023, Shutterstock, Inc. (the “Company”) announced that John Caine is joining the Company as Global Head of E-Commerce effective as of January 30, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

John Caine was appointed as Global Head of E-Commerce at Shutterstock, Inc..

Action: appointed
Role: Global Head of E-Commerce

Exact text from the filing

On January 17, 2023, Shutterstock, Inc. (the “Company”) announced that John Caine is joining the Company as Global Head of E-Commerce effective as of January 30, 2023.

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Shutterstock, Inc. filing history →

Source: SEC EDGAR

accession 0001549346-23-000003

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