SHUTTERSTOCK INC

Ticker: SSTK CUSIP: 825690100 Class: Common Stock

HBK INVESTMENTS L P's Holding History (CIK: 0001011443)

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

Q1 2019

Shares 13,500 Value ($000) $630 Avg Close $42.19 Range $33.90 - $50.09

Q4 2018

Shares 12,379 Value ($000) $446 Avg Close $40.84 Range $31.77 - $55.54

Q1 2014

Shares 20,400 Value ($000) $1,481 Avg Close $84.48 Range $72.45 - $103.01

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	13,500	$630	$42.19	$33.90 - $50.09
Q4 2018	12,379	$446	$40.84	$31.77 - $55.54
Q1 2014	20,400	$1,481	$84.48	$72.45 - $103.01