SHUTTERSTOCK INC

Ticker: SSTK CUSIP: 825690100 Class: Common Stock

Polar Asset Management Partners Inc.'s Holding History (CIK: 0001326389)

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

Q2 2015

Shares 76,600 Value ($000) $4,492 Avg Close $65.37 Range $57.94 - $74.30

Q1 2015

Shares 69,000 Value ($000) $4,738 Avg Close $60.73 Range $54.46 - $71.66

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	76,600	$4,492	$65.37	$57.94 - $74.30
Q1 2015	69,000	$4,738	$60.73	$54.46 - $71.66