SHUTTERSTOCK INC

Ticker: SSTK CUSIP: 825690100 Class: Common Stock

BRIDGEWAY CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001107261)

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

Q3 2014

Shares 5,400 Value ($000) $385 Avg Close $75.95 Range $69.30 - $86.79

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	5,400	$385	$75.95	$69.30 - $86.79