SHUTTERSTOCK INC

Ticker: SSTK CUSIP: 825690100 Class: Common Stock

FORMULA GROWTH LTD's Holding History (CIK: 0001093219)

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

Q3 2022

Shares 39,695 Value ($000) $1,991 Avg Close $57.42 Range $48.64 - $65.12

Q2 2022

Shares 59,695 Value ($000) $3,421 Avg Close $66.96 Range $51.68 - $95.37

Q1 2022

Shares 59,695 Value ($000) $5,556 Avg Close $92.78 Range $82.42 - $111.66

Q4 2021

Shares 61,003 Value ($000) $6,764 Avg Close $116.32 Range $102.15 - $128.36

Q3 2021

Shares 71,000 Value ($000) $8,046 Avg Close $108.07 Range $96.38 - $120.39

Q1 2017

Shares 25,750 Value ($000) $1,065 Avg Close $47.66 Range $39.66 - $55.07

Q4 2016

Shares 35,750 Value ($000) $1,699 Avg Close $53.37 Range $44.20 - $64.81

Q3 2016

Shares 38,500 Value ($000) $2,452 Avg Close $57.50 Range $45.01 - $65.16

Q2 2016

Shares 43,500 Value ($000) $1,992 Avg Close $41.32 Range $35.75 - $47.24

Q1 2016

Shares 38,000 Value ($000) $1,396 Avg Close $32.35 Range $25.44 - $37.92

Q4 2015

Shares 40,000 Value ($000) $1,294 Avg Close $32.92 Range $27.50 - $38.86

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2022	39,695	$1,991	$57.42	$48.64 - $65.12
Q2 2022	59,695	$3,421	$66.96	$51.68 - $95.37
Q1 2022	59,695	$5,556	$92.78	$82.42 - $111.66
Q4 2021	61,003	$6,764	$116.32	$102.15 - $128.36
Q3 2021	71,000	$8,046	$108.07	$96.38 - $120.39
Q1 2017	25,750	$1,065	$47.66	$39.66 - $55.07
Q4 2016	35,750	$1,699	$53.37	$44.20 - $64.81
Q3 2016	38,500	$2,452	$57.50	$45.01 - $65.16
Q2 2016	43,500	$1,992	$41.32	$35.75 - $47.24
Q1 2016	38,000	$1,396	$32.35	$25.44 - $37.92
Q4 2015	40,000	$1,294	$32.92	$27.50 - $38.86