SHUTTERSTOCK INC

Ticker: SSTK CUSIP: 825690100 Class: Common Stock

RENAISSANCE GROUP LLC's Holding History (CIK: 0000944234)

Note: Option positions (PUT/CALL) are excluded.

Q4 2016

Shares 5,595 Value ($000) $266 Avg Close $53.37 Range $44.20 - $64.81

Q3 2016

Shares 5,526 Value ($000) $352 Avg Close $57.50 Range $45.01 - $65.16

Q2 2016

Shares 7,665 Value ($000) $351 Avg Close $41.32 Range $35.75 - $47.24

Q1 2016

Shares 8,479 Value ($000) $311 Avg Close $32.35 Range $25.44 - $37.92

Q4 2015

Shares 9,596 Value ($000) $310 Avg Close $32.92 Range $27.50 - $38.86

Q3 2015

Shares 10,022 Value ($000) $303 Avg Close $40.16 Range $28.96 - $59.56

Q2 2015

Shares 5,843 Value ($000) $343 Avg Close $65.37 Range $57.94 - $74.30

Q1 2015

Shares 5,686 Value ($000) $390 Avg Close $60.73 Range $54.46 - $71.66

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	5,595	$266	$53.37	$44.20 - $64.81
Q3 2016	5,526	$352	$57.50	$45.01 - $65.16
Q2 2016	7,665	$351	$41.32	$35.75 - $47.24
Q1 2016	8,479	$311	$32.35	$25.44 - $37.92
Q4 2015	9,596	$310	$32.92	$27.50 - $38.86
Q3 2015	10,022	$303	$40.16	$28.96 - $59.56
Q2 2015	5,843	$343	$65.37	$57.94 - $74.30
Q1 2015	5,686	$390	$60.73	$54.46 - $71.66