<SEC-DOCUMENT>0001549346-20-000025.txt : 20200604
<SEC-HEADER>0001549346-20-000025.hdr.sgml : 20200604
<ACCEPTANCE-DATETIME>20200604163723
ACCESSION NUMBER:		0001549346-20-000025
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		14
CONFORMED PERIOD OF REPORT:	20200604
ITEM INFORMATION:		Submission of Matters to a Vote of Security Holders
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20200604
DATE AS OF CHANGE:		20200604

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Shutterstock, Inc.
		CENTRAL INDEX KEY:			0001549346
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
		IRS NUMBER:				800812659
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35669
		FILM NUMBER:		20943347

	BUSINESS ADDRESS:	
		STREET 1:		350 FIFTH AVENUE
		STREET 2:		21ST FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10118
		BUSINESS PHONE:		646-419-4452

	MAIL ADDRESS:	
		STREET 1:		350 FIFTH AVENUE
		STREET 2:		21ST FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10118
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a2020-8xkx2020x06x04xa.htm
<DESCRIPTION>8-K
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!--p:41CF9FA03F7456FA9993B7C5E4F9ECFC,x:319e986cdcaf493cae5208577bf28b72-->
<!-- Document created using Wdesk  -->
<!-- Copyright 2020 Workiva -->
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:schedoi-fednote="http://fasb.org/dis/schedoi-fednote/2019-01-31" xmlns:fs-interest="http://fasb.org/dis/fs-interest/2019-01-31" xmlns:sfp-ibo="http://fasb.org/stm/sfp-ibo/2019-01-31" xmlns:sfp-sbo="http://fasb.org/stm/sfp-sbo/2019-01-31" xmlns:sic-std="http://xbrl.sec.gov/sic-std/2011-01-31" xmlns:stpr-std="http://xbrl.sec.gov/stpr-std-std-std/2018-01-31" xmlns:currency-ent-std="http://xbrl.sec.gov/currency-ent-std/2019-01-31" xmlns:lea="http://fasb.org/dis/lea/2019-01-31" xmlns:ctbl="http://fasb.org/dis/ctbl/2019-01-31" xmlns:guar="http://fasb.org/dis/guar/2019-01-31" xmlns:ru="http://fasb.org/dis/ru/2019-01-31" xmlns:stpr-all="http://xbrl.sec.gov/stpr-all-all-all/2018-01-31" xmlns:leas="http://fasb.org/dis/leas/2019-01-31" xmlns:sfp-clreo="http://fasb.org/stm/sfp-clreo/2019-01-31" xmlns:iaoi="http://fasb.org/dis/iaoi/2019-01-31" xmlns:soi-ins="http://fasb.org/stm/soi-ins/2019-01-31" xmlns:country-ent-std="http://xbrl.sec.gov/country-ent-std/2017-01-31" xmlns:country="http://xbrl.sec.gov/country/2017-01-31" xmlns:fs-insa="http://fasb.org/dis/fs-insa/2019-01-31" xmlns:naics="http://xbrl.sec.gov/naics/2017-01-31" xmlns:cce="http://fasb.org/dis/cce/2019-01-31" xmlns:inv="http://fasb.org/dis/inv/2019-01-31" xmlns:naics-ent-std="http://xbrl.sec.gov/naics-ent-std/2017-01-31" xmlns:srt-std="http://fasb.org/srt-std/2019-01-31" xmlns:stpr-ent-all="http://xbrl.sec.gov/stpr-ent-all-all-all/2018-01-31" xmlns:stpr-ent-std="http://xbrl.sec.gov/stpr-ent-std-std-std/2018-01-31" xmlns:schedoi-iiaa="http://fasb.org/dis/schedoi-iiaa/2019-01-31" xmlns:us-arcroles="http://fasb.org/us-arcroles/2019-01-31" xmlns:dccpoa="http://fasb.org/dis/dccpoa/2019-01-31" xmlns:soi-sbi="http://fasb.org/stm/soi-sbi/2019-01-31" xmlns:us-gaap-all="http://fasb.org/us-gaap-all/2019-01-31" xmlns:scf-sd="http://fasb.org/stm/scf-sd/2019-01-31" xmlns:ceclcalc3l="http://fasb.org/dis/ceclcalc3l/2019-01-31" xmlns:dei-ent-all="http://xbrl.sec.gov/dei-ent-all/2019-01-31" xmlns:deprecated="http://www.xbrl.org/2009/arcrole/deprecated" xmlns:naics-all="http://xbrl.sec.gov/naics-all/2017-01-31" xmlns:re="http://fasb.org/dis/re/2019-01-31" xmlns:srt-types="http://fasb.org/srt-types/2019-01-31" xmlns:reorg="http://fasb.org/dis/reorg/2019-01-31" xmlns:invco="http://fasb.org/dis/invco/2019-01-31" xmlns:currency-ent-all="http://xbrl.sec.gov/currency-ent-all/2019-01-31" xmlns:currency-std="http://xbrl.sec.gov/currency-std/2019-01-31" xmlns:currency-ent-dep="http://xbrl.sec.gov/currency-ent-dep/2019-01-31" xmlns:aro="http://fasb.org/dis/aro/2019-01-31" xmlns:exch="http://xbrl.sec.gov/exch/2019-01-31" xmlns:ocpfs="http://fasb.org/dis/ocpfs/2019-01-31" xmlns:currency="http://xbrl.sec.gov/currency/2019-01-31" xmlns:naics-std="http://xbrl.sec.gov/naics-std/2017-01-31" xmlns:srt-all="http://fasb.org/srt-all/2019-01-31" xmlns:codification-part="http://fasb.org/codification-part/2019-01-31" xmlns:srt="http://fasb.org/srt/2019-01-31" xmlns:deprecated1="http://www.xbrl.org/2009/role/deprecated" xmlns:sec-re="http://fasb.org/dis/sec-re/2019-01-31" xmlns:soi-int="http://fasb.org/stm/soi-int/2019-01-31" xmlns:emjv="http://fasb.org/dis/emjv/2019-01-31" xmlns:sec-suppc="http://fasb.org/dis/sec-suppc/2019-01-31" xmlns:equity="http://fasb.org/dis/equity/2019-01-31" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:se="http://fasb.org/dis/se/2019-01-31" xmlns:crcrb="http://fasb.org/dis/crcrb/2019-01-31" xmlns:edco="http://fasb.org/dis/edco/2019-01-31" xmlns:te="http://fasb.org/dis/te/2019-01-31" xmlns:dei-all="http://xbrl.sec.gov/dei-all/2019-01-31" xmlns:fs-bd="http://fasb.org/dis/fs-bd/2019-01-31" xmlns:hco="http://fasb.org/dis/hco/2019-01-31" xmlns:fs-bt="http://fasb.org/dis/fs-bt/2019-01-31" xmlns:us-roles="http://fasb.org/us-roles/2019-01-31" xmlns:dr="http://fasb.org/dis/dr/2019-01-31" xmlns:ero="http://fasb.org/dis/ero/2019-01-31" xmlns:country-ent-all="http://xbrl.sec.gov/country-ent-all/2017-01-31" xmlns:schedoi-oocw="http://fasb.org/dis/schedoi-oocw/2019-01-31" xmlns:cecl="http://fasb.org/dis/cecl/2019-01-31" xmlns:rpd="http://fasb.org/dis/rpd/2019-01-31" xmlns:schedoi-sumhold="http://fasb.org/dis/schedoi-sumhold/2019-01-31" xmlns:ceclcalc2="http://fasb.org/dis/ceclcalc2/2019-01-31" xmlns:othliab="http://fasb.org/dis/othliab/2019-01-31" xmlns:soi-egm="http://fasb.org/stm/soi-egm/2019-01-31" xmlns:schedoi-shorthold="http://fasb.org/dis/schedoi-shorthold/2019-01-31" xmlns:soi="http://fasb.org/stm/soi/2019-01-31" xmlns:diha="http://fasb.org/dis/diha/2019-01-31" xmlns:debt="http://fasb.org/dis/debt/2019-01-31" xmlns:schedoi-hold="http://fasb.org/dis/schedoi-hold/2019-01-31" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:us-gaap-ent-std="http://fasb.org/us-gaap-ent-std/2019-01-31" xmlns:bc="http://fasb.org/dis/bc/2019-01-31" xmlns:sic-ent-all="http://xbrl.sec.gov/sic-ent-all/2011-01-31" xmlns:exch-ent-std="http://xbrl.sec.gov/exch-ent-std/2019-01-31" xmlns:rcc="http://fasb.org/dis/rcc/2019-01-31" xmlns:rd="http://fasb.org/dis/rd/2019-01-31" xmlns:sfp-ucreo="http://fasb.org/stm/sfp-ucreo/2019-01-31" xmlns:eui="http://fasb.org/dis/eui/2019-01-31" xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31" xmlns:ap="http://fasb.org/dis/ap/2019-01-31" xmlns:soi-reit="http://fasb.org/stm/soi-reit/2019-01-31" xmlns:fs-mort="http://fasb.org/dis/fs-mort/2019-01-31" xmlns:sec-reins="http://fasb.org/dis/sec-reins/2019-01-31" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:sec-cndfir="http://fasb.org/dis/sec-cndfir/2019-01-31" xmlns:sr="http://fasb.org/dis/sr/2019-01-31" xmlns:currency-all="http://xbrl.sec.gov/currency-all/2019-01-31" xmlns:scf-dbo="http://fasb.org/stm/scf-dbo/2019-01-31" xmlns:fs-fhlb="http://fasb.org/dis/fs-fhlb/2019-01-31" xmlns:crcpb="http://fasb.org/dis/crcpb/2019-01-31" xmlns:dei-ent-std="http://xbrl.sec.gov/dei-ent-std/2019-01-31" xmlns:us-types="http://fasb.org/us-types/2019-01-31" xmlns:scf-inv="http://fasb.org/stm/scf-inv/2019-01-31" xmlns:scf-indira="http://fasb.org/stm/scf-indira/2019-01-31" xmlns:bsoff="http://fasb.org/dis/bsoff/2019-01-31" xmlns:exch-ent-all="http://xbrl.sec.gov/exch-ent-all/2019-01-31" xmlns:oi="http://fasb.org/dis/oi/2019-01-31" xmlns:soi-indira="http://fasb.org/stm/soi-indira/2019-01-31" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:schedoi-otsh="http://fasb.org/dis/schedoi-otsh/2019-01-31" xmlns:sfp-dbo="http://fasb.org/stm/sfp-dbo/2019-01-31" xmlns:cc="http://fasb.org/dis/cc/2019-01-31" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:crcsbp="http://fasb.org/dis/crcsbp/2019-01-31" xmlns:disops="http://fasb.org/dis/disops/2019-01-31" xmlns:reference="http://www.xbrl.org/2009/role/reference" xmlns:cn-part="http://fasb.org/cn-part/2019-01-31" xmlns:us-gaap="http://fasb.org/us-gaap/2019-01-31" xmlns:srt-roles="http://fasb.org/srt-roles/2019-01-31" xmlns:country-std="http://xbrl.sec.gov/country-std/2017-01-31" xmlns:net="http://www.xbrl.org/2009/role/net" xmlns:scf-indir="http://fasb.org/stm/scf-indir/2019-01-31" xmlns:rlnro="http://fasb.org/dis/rlnro/2019-01-31" xmlns:ts="http://fasb.org/dis/ts/2019-01-31" xmlns:us-gaap-std="http://fasb.org/us-gaap-std/2019-01-31" xmlns:naics-ent-all="http://xbrl.sec.gov/naics-ent-all/2017-01-31" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:scf-dir="http://fasb.org/stm/scf-dir/2019-01-31" xmlns:dei-std="http://xbrl.sec.gov/dei-std/2019-01-31" xmlns:ni="http://fasb.org/dis/ni/2019-01-31" xmlns:sec-mort="http://fasb.org/dis/sec-mort/2019-01-31" xmlns:fifvd="http://fasb.org/dis/fifvd/2019-01-31" xmlns:otherexp="http://fasb.org/dis/otherexp/2019-01-31" xmlns:scf-re="http://fasb.org/stm/scf-re/2019-01-31" xmlns:sec-vq="http://fasb.org/dis/sec-vq/2019-01-31" xmlns:sec-sum="http://fasb.org/dis/sec-sum/2019-01-31" xmlns:exch-std="http://xbrl.sec.gov/exch-std/2019-01-31" xmlns:ir="http://fasb.org/dis/ir/2019-01-31" xmlns:sheci="http://fasb.org/stm/sheci/2019-01-31" xmlns:foct="http://fasb.org/dis/foct/2019-01-31" xmlns:soc="http://fasb.org/stm/soc/2019-01-31" xmlns:scf-sbo="http://fasb.org/stm/scf-sbo/2019-01-31" xmlns:inctax="http://fasb.org/dis/inctax/2019-01-31" xmlns:ppe="http://fasb.org/dis/ppe/2019-01-31" xmlns:country-all="http://xbrl.sec.gov/country-all/2017-01-31" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:con="http://fasb.org/dis/con/2019-01-31" xmlns:sic-ent-std="http://xbrl.sec.gov/sic-ent-std/2011-01-31" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:sstk="http://www.shutterstock.com/20200604" xmlns:fs-ins="http://fasb.org/dis/fs-ins/2019-01-31" xmlns:eps="http://fasb.org/dis/eps/2019-01-31" xmlns:stpr="http://xbrl.sec.gov/stpr/2018-01-31" xmlns:iago="http://fasb.org/dis/iago/2019-01-31" xmlns:pay="http://fasb.org/dis/pay/2019-01-31" xmlns:sic="http://xbrl.sec.gov/sic/2011-01-31" xmlns:tin-part="http://fasb.org/tin-part/2019-01-31" xmlns:acec="http://fasb.org/dis/acec/2019-01-31" xmlns:us-gaap-entryPoint-all="http://fasb.org/us-gaap-entryPoint-all/2019-01-31" xmlns:nt="http://fasb.org/dis/nt/2019-01-31" xmlns:spc="http://fasb.org/stm/spc/2019-01-31" xmlns:exch-all="http://xbrl.sec.gov/exch-all/2019-01-31" xmlns:ides="http://fasb.org/dis/ides/2019-01-31" xmlns:sec-supins="http://fasb.org/dis/sec-supins/2019-01-31" xmlns:sic-all="http://xbrl.sec.gov/sic-all/2011-01-31" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:regop="http://fasb.org/dis/regop/2019-01-31" xmlns:sfp-cls="http://fasb.org/stm/sfp-cls/2019-01-31" xmlns:com="http://fasb.org/stm/com/2019-01-31" xmlns:soi-re="http://fasb.org/stm/soi-re/2019-01-31" xmlns:crcgen="http://fasb.org/dis/crcgen/2019-01-31" xmlns:exch-ent-dep="http://xbrl.sec.gov/exch-ent-dep/2019-01-31" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:ei="http://fasb.org/dis/ei/2019-01-31" xmlns:xbrldt="http://xbrl.org/2005/xbrldt">
	<head>
		<meta http-equiv="Content-Type" content="text/html" />
		<title>Document</title>
	</head>
	<body><div style="font-family:Times New Roman;font-size:10pt;">
<div style="display:none"><ix:header><ix:hidden><ix:nonNumeric contextRef="D2020Q2LW" name="dei:AmendmentFlag" id="Fact-449FD2E4F505581090E45FA29D871D52-wk-Fact-449FD2E4F505581090E45FA29D871D52" format="ixt:booleanfalse">false</ix:nonNumeric><ix:nonNumeric contextRef="D2020Q2LW" name="dei:EntityCentralIndexKey" id="Fact-595186E6714A5C80AD56AD45863ABAAE-wk-Fact-595186E6714A5C80AD56AD45863ABAAE">0001549346</ix:nonNumeric></ix:hidden><ix:references><link:schemaRef xlink:href="sstk-20200604.xsd" xlink:type="simple"></link:schemaRef></ix:references><ix:resources><xbrli:context id="D2020Q2AnnualMeeting">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0001549346</xbrli:identifier>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2020-06-04</xbrli:startDate>
			<xbrli:endDate>2020-06-04</xbrli:endDate>
		</xbrli:period>
	</xbrli:context><xbrli:context id="D2020Q2LW">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0001549346</xbrli:identifier>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2020-04-10</xbrli:startDate>
			<xbrli:endDate>2020-04-10</xbrli:endDate>
		</xbrli:period>
	</xbrli:context></ix:resources></ix:header></div><div><a id="s18B8F63112AB53E99698AC0A69A84B2A"></a></div><div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;"><br/></span></div></div><div><br/></div><div style="line-height:120%;padding-bottom:8px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"></td></tr><tr><td style="width:20%;"></td><td style="width:20%;"></td><td style="width:20%;"></td><td style="width:20%;"></td><td style="width:20%;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:2px solid #000000;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:8px;text-align:center;text-indent:30px;font-size:16pt;"><span style="font-family:inherit;font-size:16pt;font-weight:bold;">UNITED STATES</span></div><div style="line-height:120%;padding-bottom:8px;text-align:center;text-indent:30px;font-size:16pt;"><span style="font-family:inherit;font-size:16pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</span></div><div style="line-height:120%;padding-bottom:8px;text-align:center;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Washington, D.C. 20549</span></div><div style="line-height:120%;padding-bottom:8px;text-align:center;font-size:18pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:536px;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:268px;"></td><td style="width:268px;"></td></tr><tr><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:18pt;"><span style="font-family:inherit;font-size:18pt;font-weight:bold;">FORM</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:18pt;"><span style="font-family:inherit;font-size:18pt;font-weight:bold;"><span><ix:nonNumeric id="d9159996e148-wk-Fact-8BA10CD97230531F9810AEE920771902" name="dei:DocumentType" contextRef="D2020Q2AnnualMeeting">8-K</ix:nonNumeric></span></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:12pt;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">CURRENT REPORT</span></div><div style="text-align:center;font-size:12pt;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">Pursuant to Section&#160;13 or 15(d)&#160;of the</span></div><div style="text-align:center;font-size:12pt;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">Securities Exchange Act of 1934</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:right;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Date of Report (Date of earliest event reported):</span></div></td><td style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;"><span><span style="white-space:nowrap"><ix:nonNumeric id="d9159996e176-wk-Fact-717C26072E6B5F9191806E86B17D30CA" name="dei:DocumentPeriodEndDate" contextRef="D2020Q2AnnualMeeting" format="ixt:datemonthdayyearen">June 4, 2020</ix:nonNumeric></span></span></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:18pt;"><span style="font-family:inherit;font-size:18pt;font-weight:bold;"><span><ix:nonNumeric id="d9159996e182-wk-Fact-331C1789FCCB5097AE1C9B9CDCB921D9" name="dei:EntityRegistrantName" contextRef="D2020Q2AnnualMeeting">Shutterstock,&#160;Inc.</ix:nonNumeric></span></span></div></td></tr><tr><td colspan="2" style="vertical-align:middle;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(Exact name of registrant as specified in its charter)</span><span style="font-family:inherit;font-size:10pt;font-weight:bold;">&#160;</span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"></td></tr><tr><td style="width:30%;"></td><td style="width:4%;"></td><td style="width:31%;"></td><td style="width:4%;"></td><td style="width:31%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;"><span><ix:nonNumeric id="d9159996e218-wk-Fact-900221E6794455F8B631C13BD66CB9D0" name="dei:EntityIncorporationStateCountryCode" contextRef="D2020Q2AnnualMeeting" format="ixt-sec:stateprovnameen">Delaware</ix:nonNumeric></span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:1pt;"><span style="font-family:inherit;font-size:1pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;"><span><ix:nonNumeric id="d9159996e228-wk-Fact-369D9C115BBF5488ABAE55842639E0CE" name="dei:EntityFileNumber" contextRef="D2020Q2AnnualMeeting">001-35669</ix:nonNumeric></span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:1pt;"><span style="font-family:inherit;font-size:1pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;"><span><ix:nonNumeric id="d9159996e238-wk-Fact-3B8A133C44F55025A4A69BD906997B94" name="dei:EntityTaxIdentificationNumber" contextRef="D2020Q2AnnualMeeting">80-0812659</ix:nonNumeric></span></span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">(State or other jurisdiction</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">of&#160;incorporation)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">(Commission</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">File Number)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">(IRS Employer</span></div><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;">Identification No.)</span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:0px;text-align:center;text-indent:30px;font-size:10pt;"><span><ix:nonNumeric id="d9159996e276-wk-Fact-525BEA026F7A5697AD590F050E6918CF" name="dei:EntityAddressAddressLine1" contextRef="D2020Q2AnnualMeeting"><span style="font-weight:bold;">350 Fifth Avenue, 21st Floor</span></ix:nonNumeric></span><span style="font-family:inherit;font-size:10pt;font-weight:bold;"> </span></div><div style="line-height:120%;padding-bottom:0px;text-align:center;text-indent:30px;font-size:10pt;"><span><ix:nonNumeric id="d9159996e282-wk-Fact-6EAAF5DC5EF558DA96A85A9AFD020DB4" name="dei:EntityAddressCityOrTown" contextRef="D2020Q2AnnualMeeting"><span style="font-weight:bold;">New York</span></ix:nonNumeric></span><span style="font-family:inherit;font-size:10pt;font-weight:bold;">, </span><span><ix:nonNumeric id="d9159996e287-wk-Fact-9A9752CAF453511C9AA11FD5D663EDF4" name="dei:EntityAddressStateOrProvince" contextRef="D2020Q2AnnualMeeting"><span style="font-weight:bold;">NY</span></ix:nonNumeric></span><span style="font-family:inherit;font-size:10pt;font-weight:bold;"> </span><span><ix:nonNumeric id="d9159996e292-wk-Fact-A997F2489AA6597F9DD328B7A5E2F680" name="dei:EntityAddressPostalZipCode" contextRef="D2020Q2AnnualMeeting"><span style="font-weight:bold;">10118</span></ix:nonNumeric></span><span style="font-family:inherit;font-size:10pt;font-weight:bold;"> </span></div><div style="line-height:120%;padding-bottom:8px;text-align:center;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(Address of principal executive offices, including zip code)</span></div><div style="line-height:120%;padding-bottom:0px;text-align:left;text-indent:288px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">       (</span><span style="font-family:inherit;font-size:10pt;font-weight:bold;"><span><ix:nonNumeric id="d9159996e309-wk-Fact-C3245D9D1F015BE2A084DC387A82905B" name="dei:CityAreaCode" contextRef="D2020Q2AnnualMeeting">646</ix:nonNumeric></span></span><span style="font-family:inherit;font-size:10pt;font-weight:bold;">) </span><span style="font-family:inherit;font-size:10pt;font-weight:bold;"><span><ix:nonNumeric id="d9159996e313-wk-Fact-21563B684EE659C08A3489D5D979C1A4" name="dei:LocalPhoneNumber" contextRef="D2020Q2AnnualMeeting">710-3417</ix:nonNumeric></span></span><span style="font-family:inherit;font-size:10pt;font-weight:bold;"> </span></div><div style="line-height:120%;padding-bottom:0px;text-align:center;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(Registrant&#8217;s telephone number, including area code)</span></div><div style="line-height:120%;padding-bottom:0px;text-align:center;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Not applicable</span></div><div style="line-height:120%;padding-bottom:0px;text-align:center;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(Former name, former address and former fiscal year, if changed since last report)</span></div><div style="line-height:120%;padding-bottom:0px;text-align:center;text-indent:30px;font-size:6pt;"><span style="font-family:inherit;font-size:6pt;">&#160;&#160;</span></div><div style="line-height:120%;padding-bottom:0px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">Check the appropriate box below if the Form&#160;8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</span></div><div style="line-height:120%;padding-bottom:0px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:4%;"></td><td style="width:96%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Arial Unicode MS;font-size:10pt;"><span><ix:nonNumeric id="d9159996e346-wk-Fact-2CF4FB51262C5302929452A60C20336B" name="dei:WrittenCommunications" contextRef="D2020Q2AnnualMeeting" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></span></span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Written communications pursuant to Rule&#160;425 under the Securities Act (17 CFR 230.425)</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Arial Unicode MS;font-size:10pt;"><span><ix:nonNumeric id="d9159996e357-wk-Fact-3046B867B08A5A028CCC4CF9F72AA0B5" name="dei:SolicitingMaterial" contextRef="D2020Q2AnnualMeeting" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></span></span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Soliciting material pursuant to Rule&#160;14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Arial Unicode MS;font-size:10pt;"><span><ix:nonNumeric id="d9159996e368-wk-Fact-43C164A8644358FD823EEA005D83542B" name="dei:PreCommencementTenderOffer" contextRef="D2020Q2AnnualMeeting" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></span></span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Pre-commencement communications pursuant to Rule&#160;14d-2(b)&#160;under the Exchange Act (17 CFR 240.14d-2(b))</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Arial Unicode MS;font-size:10pt;"><span><ix:nonNumeric id="d9159996e379-wk-Fact-F35EC981B87052E1B3774B594713115D" name="dei:PreCommencementIssuerTenderOffer" contextRef="D2020Q2AnnualMeeting" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></span></span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Pre-commencement communications pursuant to Rule&#160;13e-4(c)&#160;under the Exchange Act (17 CFR 240.13e-4(c))</span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:0px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:81.48148148148148%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:45%;"></td><td style="width:15%;"></td><td style="width:40%;"></td></tr><tr><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">Securities registered pursuant to Section 12(b) of the Act:</span></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">Class</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">Trading symbol</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">Name of each exchange on which registered</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;"><span><ix:nonNumeric id="d9159996e432-wk-Fact-9C2BD86E8EC5560D90DD62B57E0E6F3C" name="dei:Security12bTitle" contextRef="D2020Q2AnnualMeeting">Common Stock, $0.01 par value per share</ix:nonNumeric></span></span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;"><span><ix:nonNumeric id="d9159996e437-wk-Fact-A572E836DF54530E81E24F7B8EBD2110" name="dei:TradingSymbol" contextRef="D2020Q2AnnualMeeting">SSTK</ix:nonNumeric></span></span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;"><span><ix:nonNumeric id="d9159996e442-wk-Fact-3ED914ADA5285FF5B56AE60BFFF05136" name="dei:SecurityExchangeName" contextRef="D2020Q2AnnualMeeting" format="ixt-sec:exchnameen">New York Stock Exchange</ix:nonNumeric></span></span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:0px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:4%;"></td><td style="width:96%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule&#160;12b-2&#160;of the Securities Exchange Act of 1934 (&#167;240.12b-2&#160;of this chapter).</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Arial Unicode MS;font-size:10pt;"><span><ix:nonNumeric id="d9159996e479-wk-Fact-8F6DC8031CB55C45B0F2A5FC8ED6FBFB" name="dei:EntityEmergingGrowthCompany" contextRef="D2020Q2AnnualMeeting" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></span></span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Emerging growth company</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:Arial Unicode MS;font-size:10pt;">&#9744;</span></div><div style="font-size:10pt;"><span style="font-family:Wingdings;font-size:10pt;"><br/></span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   </span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"></td></tr><tr><td style="width:20%;"></td><td style="width:20%;"></td><td style="width:20%;"></td><td style="width:20%;"></td><td style="width:20%;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:2px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;height:5px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td></tr></table></div></div><div><br/></div><hr style="page-break-after:always"></hr><div><a id="s6e022b001cb649e8a28a1fb6249c719a"></a></div><div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;"><br/></span></div></div><div><br/></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.41520467836257%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:10%;"></td><td style="width:90%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Item&#160;5.07</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Submission of Matters to a Vote of Security Holders.</span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">On June 4, 2020, Shutterstock,&#160;Inc. (the &#8220;Company&#8221;) held its Annual Meeting of Stockholders (the &#8220;Annual Meeting&#8221;). As of April&#160;17, 2020, the record date for the Annual Meeting, there were a total of 35,601,609 shares of the Company&#8217;s common stock outstanding and entitled to vote at the Annual Meeting. At the Annual Meeting, 33,762,656 shares of the Company&#8217;s common stock were represented in person or by proxy, and therefore a quorum was present.</span></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">Described below are the matters voted upon at the Annual Meeting and the voting results.</span></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:underline;">Proposal One - Election of Directors</span></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">At the Annual Meeting, the Company&#8217;s stockholders elected the following Class&#160;II director nominees to serve on the Company&#8217;s Board of Directors until the 2023 Annual Meeting of Stockholders or, in each case, until the director&#8217;s successor is duly elected and qualified or, if earlier, his or her death, resignation or removal. &#160;The votes cast were as follows:</span></div><div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:64.32748538011695%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"></td></tr><tr><td style="width:25%;"></td><td style="width:1%;"></td><td style="width:22%;"></td><td style="width:1%;"></td><td style="width:22%;"></td><td style="width:1%;"></td><td style="width:28%;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Director</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">For</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Withhold</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Broker Non-Votes</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Deirdre Bigley</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">31,062,757</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">446,279</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">2,253,620</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Jeffrey Epstein</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">31,263,696</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">245,340</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">2,253,620</span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:underline;">Proposal Two - Advisory Vote on the Compensation of the Company's Named Executive Officers</span></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">At the Annual Meeting, the Company&#8217;s stockholders approved, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the Company's proxy statement. &#160;The votes cast were as follows:</span></div><div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:63.1578947368421%;border-collapse:collapse;text-align:left;"><tr><td colspan="7"></td></tr><tr><td style="width:23%;"></td><td style="width:1%;"></td><td style="width:23%;"></td><td style="width:1%;"></td><td style="width:23%;"></td><td style="width:1%;"></td><td style="width:28%;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">For</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Against</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Abstain</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Broker Non-Votes</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">31,033,224</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">445,693</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">30,118</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">2,253,620</span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:underline;">Proposal Three - Ratification of Appointment of Independent Registered Public Accounting Firm</span></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">At the Annual Meeting, the Company&#8217;s stockholders ratified the Audit Committee&#8217;s appointment of PricewaterhouseCoopers LLP as the Company&#8217;s independent registered public accounting firm for the fiscal year ending December&#160;31,&#160;2020.&#160; The votes cast were as follows:</span></div><div style="line-height:120%;padding-bottom:16px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:44.2495126705653%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"></td></tr><tr><td style="width:32%;"></td><td style="width:2%;"></td><td style="width:32%;"></td><td style="width:2%;"></td><td style="width:32%;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">For</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Against</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Abstain</span></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">33,401,345</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">336,466</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">24,845</span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;"><br/></span></div><div><a id="s77D5FABE9E7A5FD9B20810623837905D"></a></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.41520467836257%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:10%;"></td><td style="width:90%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Item&#160;9.01</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">F</span><span style="font-family:Times New Roman;font-size:10pt;font-style:normal;font-weight:bold;text-decoration:none;">inancial Statements and Exhibits.</span></div></td></tr></table></div></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">(d)</span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">&#160;&#160;&#160;</span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:italic;">Exhibits</span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">.</span></div><table cellpadding="0" cellspacing="0" style="padding-bottom:8px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:36px;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">104</span></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. </span></div></td></tr></table><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;"><br/></span></div><div><br/></div><hr style="page-break-after:always"></hr><div><a id="s3002C00C950D5FB38F6D3F97C12B4325"></a></div><div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;"><br/></span></div></div><div><br/></div><div style="line-height:120%;text-align:center;text-indent:0px;-sec-extract:summary;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">EXHIBIT&#160;INDEX</span></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:99.80506822612085%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:11%;"></td><td style="width:5%;"></td><td style="width:84%;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">Exhibit&#160;No.</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:1pt;"><span style="font-family:inherit;font-size:1pt;font-weight:bold;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><span style="font-family:inherit;font-size:8pt;font-weight:bold;">Exhibit&#160;Description</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">104</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:1pt;"><span style="font-family:inherit;font-size:1pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. </span></div></td></tr></table></div></div><div><br/></div><div style="text-align:center;"><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">3</span></div></div><hr style="page-break-after:always"></hr><div><a id="s7D2BBD2E3E905874A1D53F298819FF8A"></a></div><div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;"><br/></span></div></div><div><br/></div><div style="line-height:120%;text-align:center;text-indent:0px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">SIGNATURE</span></div><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;font-weight:bold;">&#160;</span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</span></div><div style="line-height:120%;padding-bottom:8px;text-align:left;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:42%;"></td><td style="width:5%;"></td><td style="width:53%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:1pt;"><span style="font-family:inherit;font-size:1pt;">&#160;</span></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">SHUTTERSTOCK,&#160;INC.</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">&#160;</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Dated: June&#160;4, 2020</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">By:</span></div></td><td style="vertical-align:top;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">/s/ Heidi Garfield</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:1pt;"><span style="font-family:inherit;font-size:1pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:1pt;"><span style="font-family:inherit;font-size:1pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Heidi Garfield</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:1pt;"><span style="font-family:inherit;font-size:1pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:1pt;"><span style="font-family:inherit;font-size:1pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">SVP, General Counsel and Corporate Secretary</span></div></td></tr></table></div></div><div><br/></div><div style="text-align:center;"><div style="line-height:120%;padding-bottom:8px;text-align:left;text-indent:30px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">4</span></div></div>	</div></body>
</html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>2
<FILENAME>sstk-20200604.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<xsd:schema attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://www.shutterstock.com/20200604" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:sstk="http://www.shutterstock.com/20200604" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsd="http://www.w3.org/2001/XMLSchema">
  <xsd:import namespace="http://fasb.org/srt-types/2019-01-31" schemaLocation="http://xbrl.fasb.org/srt/2019/elts/srt-types-2019-01-31.xsd" />
  <xsd:import namespace="http://fasb.org/srt/2019-01-31" schemaLocation="http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd" />
  <xsd:import namespace="http://fasb.org/us-gaap/2019-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd" />
  <xsd:import namespace="http://fasb.org/us-roles/2019-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2019/elts/us-roles-2019-01-31.xsd" />
  <xsd:import namespace="http://fasb.org/us-types/2019-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2019/elts/us-types-2019-01-31.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2009/arcrole/fact-explanatoryFact" schemaLocation="http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2009/role/negated" schemaLocation="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2009/role/net" schemaLocation="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd" />
  <xsd:import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" />
  <xsd:import namespace="http://www.xbrl.org/dtr/type/numeric" schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" />
  <xsd:import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/country/2017-01-31" schemaLocation="https://xbrl.sec.gov/country/2017/country-2017-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/currency/2019-01-31" schemaLocation="https://xbrl.sec.gov/currency/2019/currency-2019-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/dei/2019-01-31" schemaLocation="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/exch/2019-01-31" schemaLocation="https://xbrl.sec.gov/exch/2019/exch-2019-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/naics/2017-01-31" schemaLocation="http://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/sic/2011-01-31" schemaLocation="http://xbrl.sec.gov/sic/2011/sic-2011-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/stpr/2018-01-31" schemaLocation="https://xbrl.sec.gov/stpr/2018/stpr-2018-01-31.xsd" />
  <xsd:annotation>
    <xsd:appinfo>
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="sstk-20200604_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:type="simple" />
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="sstk-20200604_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:type="simple" />
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="sstk-20200604_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:type="simple" />
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="sstk-20200604_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:type="simple" />
      <link:roleType id="CoverPageDocument" roleURI="http://www.shutterstock.com/role/CoverPageDocument">
        <link:definition>0001000 - Document - Cover Page Document</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xsd:appinfo>
  </xsd:annotation>
</xsd:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>3
<FILENAME>sstk-20200604_cal.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.shutterstock.com/role/CoverPageDocument" xlink:href="sstk-20200604.xsd#CoverPageDocument" xlink:type="simple" />
  <link:calculationLink xlink:role="http://www.shutterstock.com/role/CoverPageDocument" xlink:type="extended" />
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>4
<FILENAME>sstk-20200604_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.shutterstock.com/role/CoverPageDocument" xlink:href="sstk-20200604.xsd#CoverPageDocument" xlink:type="simple" />
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/all" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all" xlink:type="simple" />
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default" xlink:type="simple" />
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain" xlink:type="simple" />
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member" xlink:type="simple" />
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension" xlink:type="simple" />
  <link:definitionLink xlink:role="http://www.shutterstock.com/role/CoverPageDocument" xlink:type="extended" />
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>5
<FILENAME>sstk-20200604_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" xlink:type="simple" />
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_dei_CoverAbstract_72BBE1E4B6DF5F353DB8795FF3BF1859_label_en-US" xlink:label="lab_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CoverAbstract" xlink:label="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="lab_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:type="arc" />
    <link:label id="lab_dei_EntityCentralIndexKey_8E85CB143B6A8A754E16795FF3C6283F_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey_2CBF21AC08C25853B22DF32AFCC66C01" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_8E85CB143B6A8A754E16795FF3C6283F_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey_2CBF21AC08C25853B22DF32AFCC66C01" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_2CBF21AC08C25853B22DF32AFCC66C01" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey_2CBF21AC08C25853B22DF32AFCC66C01" xlink:to="lab_dei_EntityCentralIndexKey_2CBF21AC08C25853B22DF32AFCC66C01" xlink:type="arc" />
    <link:label id="lab_dei_DocumentType_AE23576CF9455A54DB1F795FF3C83ED4_terseLabel_en-US" xlink:label="lab_dei_DocumentType_696A967EA60859D98B3AF5133CA1E233" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_AE23576CF9455A54DB1F795FF3C83ED4_label_en-US" xlink:label="lab_dei_DocumentType_696A967EA60859D98B3AF5133CA1E233" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_696A967EA60859D98B3AF5133CA1E233" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType_696A967EA60859D98B3AF5133CA1E233" xlink:to="lab_dei_DocumentType_696A967EA60859D98B3AF5133CA1E233" xlink:type="arc" />
    <link:label id="lab_dei_DocumentPeriodEndDate_EE5D861014A566D9D804795FF3C9CAD0_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_21746FAEB6315153A2E72577791D1D1E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_EE5D861014A566D9D804795FF3C9CAD0_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_21746FAEB6315153A2E72577791D1D1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_21746FAEB6315153A2E72577791D1D1E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate_21746FAEB6315153A2E72577791D1D1E" xlink:to="lab_dei_DocumentPeriodEndDate_21746FAEB6315153A2E72577791D1D1E" xlink:type="arc" />
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_CA672DFF2B72EF895629795FF3C9A6D1_terseLabel_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode_B99EAC4FDD065E68A9C185D4554CC58C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_CA672DFF2B72EF895629795FF3C9A6D1_label_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode_B99EAC4FDD065E68A9C185D4554CC58C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_dei_EntityIncorporationStateCountryCode_B99EAC4FDD065E68A9C185D4554CC58C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationStateCountryCode_B99EAC4FDD065E68A9C185D4554CC58C" xlink:to="lab_dei_EntityIncorporationStateCountryCode_B99EAC4FDD065E68A9C185D4554CC58C" xlink:type="arc" />
    <link:label id="lab_dei_EntityFileNumber_27031374979D6DED8D9A795FF3C9CC22_terseLabel_en-US" xlink:label="lab_dei_EntityFileNumber_7A2CA268060252239A38C3AE465449DF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:label id="lab_dei_EntityFileNumber_27031374979D6DED8D9A795FF3C9CC22_label_en-US" xlink:label="lab_dei_EntityFileNumber_7A2CA268060252239A38C3AE465449DF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFileNumber" xlink:label="loc_dei_EntityFileNumber_7A2CA268060252239A38C3AE465449DF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber_7A2CA268060252239A38C3AE465449DF" xlink:to="lab_dei_EntityFileNumber_7A2CA268060252239A38C3AE465449DF" xlink:type="arc" />
    <link:label id="lab_dei_EntityTaxIdentificationNumber_EB491FEC73F44331240C795FF3C98DD9_terseLabel_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber_78879D5C61D3509FA770876A7374C430" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_EB491FEC73F44331240C795FF3C98DD9_label_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber_78879D5C61D3509FA770876A7374C430" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_dei_EntityTaxIdentificationNumber_78879D5C61D3509FA770876A7374C430" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityTaxIdentificationNumber_78879D5C61D3509FA770876A7374C430" xlink:to="lab_dei_EntityTaxIdentificationNumber_78879D5C61D3509FA770876A7374C430" xlink:type="arc" />
    <link:label id="lab_dei_EntityAddressAddressLine1_5962F480054D371F8A83795FF3C94B5A_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine1_30572FC603F05852B97C2FC674D0F61D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine1_5962F480054D371F8A83795FF3C94B5A_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine1_30572FC603F05852B97C2FC674D0F61D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_dei_EntityAddressAddressLine1_30572FC603F05852B97C2FC674D0F61D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1_30572FC603F05852B97C2FC674D0F61D" xlink:to="lab_dei_EntityAddressAddressLine1_30572FC603F05852B97C2FC674D0F61D" xlink:type="arc" />
    <link:label id="lab_dei_EntityAddressCityOrTown_52B4C192450489506F26795FF3C968AF_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCityOrTown_190AB41403D85E5F8C7B5378989BAB2D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:label id="lab_dei_EntityAddressCityOrTown_52B4C192450489506F26795FF3C968AF_label_en-US" xlink:label="lab_dei_EntityAddressCityOrTown_190AB41403D85E5F8C7B5378989BAB2D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_dei_EntityAddressCityOrTown_190AB41403D85E5F8C7B5378989BAB2D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown_190AB41403D85E5F8C7B5378989BAB2D" xlink:to="lab_dei_EntityAddressCityOrTown_190AB41403D85E5F8C7B5378989BAB2D" xlink:type="arc" />
    <link:label id="lab_dei_EntityAddressStateOrProvince_2BDBEA121E57357279A9795FF3CAEE3E_terseLabel_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince_87BBB931FEE956A09E9B6608F02D3126" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:label id="lab_dei_EntityAddressStateOrProvince_2BDBEA121E57357279A9795FF3CAEE3E_label_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince_87BBB931FEE956A09E9B6608F02D3126" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_dei_EntityAddressStateOrProvince_87BBB931FEE956A09E9B6608F02D3126" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressStateOrProvince_87BBB931FEE956A09E9B6608F02D3126" xlink:to="lab_dei_EntityAddressStateOrProvince_87BBB931FEE956A09E9B6608F02D3126" xlink:type="arc" />
    <link:label id="lab_dei_EntityAddressPostalZipCode_0008AFBCA04C0DF322DE795FF3CA6717_terseLabel_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode_0EE1A91BE7DA5B60BEDE873345BF0ECA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:label id="lab_dei_EntityAddressPostalZipCode_0008AFBCA04C0DF322DE795FF3CA6717_label_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode_0EE1A91BE7DA5B60BEDE873345BF0ECA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_dei_EntityAddressPostalZipCode_0EE1A91BE7DA5B60BEDE873345BF0ECA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode_0EE1A91BE7DA5B60BEDE873345BF0ECA" xlink:to="lab_dei_EntityAddressPostalZipCode_0EE1A91BE7DA5B60BEDE873345BF0ECA" xlink:type="arc" />
    <link:label id="lab_dei_CityAreaCode_53960BF3FEC1E81A6716795FF3CF569D_terseLabel_en-US" xlink:label="lab_dei_CityAreaCode_8B6289279F275B6EA5D2F12DC7383C21" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">City Area Code</link:label>
    <link:label id="lab_dei_CityAreaCode_53960BF3FEC1E81A6716795FF3CF569D_label_en-US" xlink:label="lab_dei_CityAreaCode_8B6289279F275B6EA5D2F12DC7383C21" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">City Area Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CityAreaCode" xlink:label="loc_dei_CityAreaCode_8B6289279F275B6EA5D2F12DC7383C21" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CityAreaCode_8B6289279F275B6EA5D2F12DC7383C21" xlink:to="lab_dei_CityAreaCode_8B6289279F275B6EA5D2F12DC7383C21" xlink:type="arc" />
    <link:label id="lab_dei_LocalPhoneNumber_55A6CF038A406D3458EA795FF3CF74D4_terseLabel_en-US" xlink:label="lab_dei_LocalPhoneNumber_DCD8EDD6F99855EB80E2AA9E6492E8C4" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
    <link:label id="lab_dei_LocalPhoneNumber_55A6CF038A406D3458EA795FF3CF74D4_label_en-US" xlink:label="lab_dei_LocalPhoneNumber_DCD8EDD6F99855EB80E2AA9E6492E8C4" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_LocalPhoneNumber" xlink:label="loc_dei_LocalPhoneNumber_DCD8EDD6F99855EB80E2AA9E6492E8C4" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LocalPhoneNumber_DCD8EDD6F99855EB80E2AA9E6492E8C4" xlink:to="lab_dei_LocalPhoneNumber_DCD8EDD6F99855EB80E2AA9E6492E8C4" xlink:type="arc" />
    <link:label id="lab_dei_WrittenCommunications_943B5A99AFFD0E65D470795FF3CF5DFF_terseLabel_en-US" xlink:label="lab_dei_WrittenCommunications_F428ACB0ADC15AE39D8D87DE9E0312E0" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Written Communications</link:label>
    <link:label id="lab_dei_WrittenCommunications_943B5A99AFFD0E65D470795FF3CF5DFF_label_en-US" xlink:label="lab_dei_WrittenCommunications_F428ACB0ADC15AE39D8D87DE9E0312E0" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Written Communications</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_WrittenCommunications" xlink:label="loc_dei_WrittenCommunications_F428ACB0ADC15AE39D8D87DE9E0312E0" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_WrittenCommunications_F428ACB0ADC15AE39D8D87DE9E0312E0" xlink:to="lab_dei_WrittenCommunications_F428ACB0ADC15AE39D8D87DE9E0312E0" xlink:type="arc" />
    <link:label id="lab_dei_SolicitingMaterial_CE0F298A4C1D11F2C309795FF3D0D0B7_terseLabel_en-US" xlink:label="lab_dei_SolicitingMaterial_B72A2F07FE625DB8A83AC1DF0DACC955" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Soliciting Material</link:label>
    <link:label id="lab_dei_SolicitingMaterial_CE0F298A4C1D11F2C309795FF3D0D0B7_label_en-US" xlink:label="lab_dei_SolicitingMaterial_B72A2F07FE625DB8A83AC1DF0DACC955" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Soliciting Material</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SolicitingMaterial" xlink:label="loc_dei_SolicitingMaterial_B72A2F07FE625DB8A83AC1DF0DACC955" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SolicitingMaterial_B72A2F07FE625DB8A83AC1DF0DACC955" xlink:to="lab_dei_SolicitingMaterial_B72A2F07FE625DB8A83AC1DF0DACC955" xlink:type="arc" />
    <link:label id="lab_dei_PreCommencementTenderOffer_5A9FDB81ADABC8566AA4795FF3D05C9C_terseLabel_en-US" xlink:label="lab_dei_PreCommencementTenderOffer_2D50672264CE5402BDEA0C4EA2235B59" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:label id="lab_dei_PreCommencementTenderOffer_5A9FDB81ADABC8566AA4795FF3D05C9C_label_en-US" xlink:label="lab_dei_PreCommencementTenderOffer_2D50672264CE5402BDEA0C4EA2235B59" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_dei_PreCommencementTenderOffer_2D50672264CE5402BDEA0C4EA2235B59" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementTenderOffer_2D50672264CE5402BDEA0C4EA2235B59" xlink:to="lab_dei_PreCommencementTenderOffer_2D50672264CE5402BDEA0C4EA2235B59" xlink:type="arc" />
    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_90A960C833FFC8183F8B795FF3D0A14C_terseLabel_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer_8E900D91098851CBB5E26C4C7BB3A5AF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_90A960C833FFC8183F8B795FF3D0A14C_label_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer_8E900D91098851CBB5E26C4C7BB3A5AF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_8E900D91098851CBB5E26C4C7BB3A5AF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementIssuerTenderOffer_8E900D91098851CBB5E26C4C7BB3A5AF" xlink:to="lab_dei_PreCommencementIssuerTenderOffer_8E900D91098851CBB5E26C4C7BB3A5AF" xlink:type="arc" />
    <link:label id="lab_dei_Security12bTitle_F5EB962A3C50E8BEBB8B795FF3D004EF_terseLabel_en-US" xlink:label="lab_dei_Security12bTitle_3AFC0506AE4B5954A3EBE5457AD8AB8E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:label id="lab_dei_Security12bTitle_F5EB962A3C50E8BEBB8B795FF3D004EF_label_en-US" xlink:label="lab_dei_Security12bTitle_3AFC0506AE4B5954A3EBE5457AD8AB8E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12bTitle" xlink:label="loc_dei_Security12bTitle_3AFC0506AE4B5954A3EBE5457AD8AB8E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_Security12bTitle_3AFC0506AE4B5954A3EBE5457AD8AB8E" xlink:to="lab_dei_Security12bTitle_3AFC0506AE4B5954A3EBE5457AD8AB8E" xlink:type="arc" />
    <link:label id="lab_dei_TradingSymbol_AB3243C5E098C25477E1795FF3D00F8A_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol_440D0A2AAA505E8999561B7F5165D815" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:label id="lab_dei_TradingSymbol_AB3243C5E098C25477E1795FF3D00F8A_label_en-US" xlink:label="lab_dei_TradingSymbol_440D0A2AAA505E8999561B7F5165D815" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_TradingSymbol" xlink:label="loc_dei_TradingSymbol_440D0A2AAA505E8999561B7F5165D815" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol_440D0A2AAA505E8999561B7F5165D815" xlink:to="lab_dei_TradingSymbol_440D0A2AAA505E8999561B7F5165D815" xlink:type="arc" />
    <link:label id="lab_dei_SecurityExchangeName_AAEFA4F3C7292D93B52A795FF3D0B305_terseLabel_en-US" xlink:label="lab_dei_SecurityExchangeName_17034E0454555623A110E4E3CBF99BFA" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Security Exchange Name</link:label>
    <link:label id="lab_dei_SecurityExchangeName_AAEFA4F3C7292D93B52A795FF3D0B305_label_en-US" xlink:label="lab_dei_SecurityExchangeName_17034E0454555623A110E4E3CBF99BFA" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Security Exchange Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityExchangeName" xlink:label="loc_dei_SecurityExchangeName_17034E0454555623A110E4E3CBF99BFA" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SecurityExchangeName_17034E0454555623A110E4E3CBF99BFA" xlink:to="lab_dei_SecurityExchangeName_17034E0454555623A110E4E3CBF99BFA" xlink:type="arc" />
    <link:label id="lab_dei_EntityEmergingGrowthCompany_D3D3041E24E74B46D231795FF3D183F5_terseLabel_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany_793BC821535353A3A9BFF1C4B1125540" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_D3D3041E24E74B46D231795FF3D183F5_label_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany_793BC821535353A3A9BFF1C4B1125540" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_dei_EntityEmergingGrowthCompany_793BC821535353A3A9BFF1C4B1125540" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityEmergingGrowthCompany_793BC821535353A3A9BFF1C4B1125540" xlink:to="lab_dei_EntityEmergingGrowthCompany_793BC821535353A3A9BFF1C4B1125540" xlink:type="arc" />
    <link:label id="lab_dei_AmendmentFlag_2436217E4080D9A0062D795FF3D1AF9D_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag_B40D7C33AAB857769F099293466ED916" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_2436217E4080D9A0062D795FF3D1AF9D_label_en-US" xlink:label="lab_dei_AmendmentFlag_B40D7C33AAB857769F099293466ED916" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_B40D7C33AAB857769F099293466ED916" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag_B40D7C33AAB857769F099293466ED916" xlink:to="lab_dei_AmendmentFlag_B40D7C33AAB857769F099293466ED916" xlink:type="arc" />
    <link:label id="lab_dei_EntityRegistrantName_55B2B1BB05A9DC07253F795FF3D1C5DF_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName_D8DCD59411F45DAD861BFB5FE77ADF4D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_55B2B1BB05A9DC07253F795FF3D1C5DF_label_en-US" xlink:label="lab_dei_EntityRegistrantName_D8DCD59411F45DAD861BFB5FE77ADF4D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_D8DCD59411F45DAD861BFB5FE77ADF4D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName_D8DCD59411F45DAD861BFB5FE77ADF4D" xlink:to="lab_dei_EntityRegistrantName_D8DCD59411F45DAD861BFB5FE77ADF4D" xlink:type="arc" />
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>6
<FILENAME>sstk-20200604_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.shutterstock.com/role/CoverPageDocument" xlink:href="sstk-20200604.xsd#CoverPageDocument" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" xlink:type="simple" />
  <link:presentationLink xlink:role="http://www.shutterstock.com/role/CoverPageDocument" xlink:type="extended">
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CoverAbstract" xlink:label="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:type="locator" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_2CBF21AC08C25853B22DF32AFCC66C01" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_EntityCentralIndexKey_2CBF21AC08C25853B22DF32AFCC66C01" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_696A967EA60859D98B3AF5133CA1E233" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_DocumentType_696A967EA60859D98B3AF5133CA1E233" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_21746FAEB6315153A2E72577791D1D1E" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_DocumentPeriodEndDate_21746FAEB6315153A2E72577791D1D1E" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_dei_EntityIncorporationStateCountryCode_B99EAC4FDD065E68A9C185D4554CC58C" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_EntityIncorporationStateCountryCode_B99EAC4FDD065E68A9C185D4554CC58C" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFileNumber" xlink:label="loc_dei_EntityFileNumber_7A2CA268060252239A38C3AE465449DF" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_EntityFileNumber_7A2CA268060252239A38C3AE465449DF" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_dei_EntityTaxIdentificationNumber_78879D5C61D3509FA770876A7374C430" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_EntityTaxIdentificationNumber_78879D5C61D3509FA770876A7374C430" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_dei_EntityAddressAddressLine1_30572FC603F05852B97C2FC674D0F61D" xlink:type="locator" />
    <link:presentationArc order="7" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_EntityAddressAddressLine1_30572FC603F05852B97C2FC674D0F61D" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_dei_EntityAddressCityOrTown_190AB41403D85E5F8C7B5378989BAB2D" xlink:type="locator" />
    <link:presentationArc order="8" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_EntityAddressCityOrTown_190AB41403D85E5F8C7B5378989BAB2D" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_dei_EntityAddressStateOrProvince_87BBB931FEE956A09E9B6608F02D3126" xlink:type="locator" />
    <link:presentationArc order="9" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_EntityAddressStateOrProvince_87BBB931FEE956A09E9B6608F02D3126" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_dei_EntityAddressPostalZipCode_0EE1A91BE7DA5B60BEDE873345BF0ECA" xlink:type="locator" />
    <link:presentationArc order="10" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_EntityAddressPostalZipCode_0EE1A91BE7DA5B60BEDE873345BF0ECA" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CityAreaCode" xlink:label="loc_dei_CityAreaCode_8B6289279F275B6EA5D2F12DC7383C21" xlink:type="locator" />
    <link:presentationArc order="11" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_CityAreaCode_8B6289279F275B6EA5D2F12DC7383C21" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_LocalPhoneNumber" xlink:label="loc_dei_LocalPhoneNumber_DCD8EDD6F99855EB80E2AA9E6492E8C4" xlink:type="locator" />
    <link:presentationArc order="12" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_LocalPhoneNumber_DCD8EDD6F99855EB80E2AA9E6492E8C4" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_WrittenCommunications" xlink:label="loc_dei_WrittenCommunications_F428ACB0ADC15AE39D8D87DE9E0312E0" xlink:type="locator" />
    <link:presentationArc order="13" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_WrittenCommunications_F428ACB0ADC15AE39D8D87DE9E0312E0" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SolicitingMaterial" xlink:label="loc_dei_SolicitingMaterial_B72A2F07FE625DB8A83AC1DF0DACC955" xlink:type="locator" />
    <link:presentationArc order="14" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_SolicitingMaterial_B72A2F07FE625DB8A83AC1DF0DACC955" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_dei_PreCommencementTenderOffer_2D50672264CE5402BDEA0C4EA2235B59" xlink:type="locator" />
    <link:presentationArc order="15" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_PreCommencementTenderOffer_2D50672264CE5402BDEA0C4EA2235B59" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_8E900D91098851CBB5E26C4C7BB3A5AF" xlink:type="locator" />
    <link:presentationArc order="16" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_8E900D91098851CBB5E26C4C7BB3A5AF" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12bTitle" xlink:label="loc_dei_Security12bTitle_3AFC0506AE4B5954A3EBE5457AD8AB8E" xlink:type="locator" />
    <link:presentationArc order="17" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_Security12bTitle_3AFC0506AE4B5954A3EBE5457AD8AB8E" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_TradingSymbol" xlink:label="loc_dei_TradingSymbol_440D0A2AAA505E8999561B7F5165D815" xlink:type="locator" />
    <link:presentationArc order="18" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_TradingSymbol_440D0A2AAA505E8999561B7F5165D815" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityExchangeName" xlink:label="loc_dei_SecurityExchangeName_17034E0454555623A110E4E3CBF99BFA" xlink:type="locator" />
    <link:presentationArc order="19" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_SecurityExchangeName_17034E0454555623A110E4E3CBF99BFA" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_dei_EntityEmergingGrowthCompany_793BC821535353A3A9BFF1C4B1125540" xlink:type="locator" />
    <link:presentationArc order="20" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_EntityEmergingGrowthCompany_793BC821535353A3A9BFF1C4B1125540" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_B40D7C33AAB857769F099293466ED916" xlink:type="locator" />
    <link:presentationArc order="21" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_AmendmentFlag_B40D7C33AAB857769F099293466ED916" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_D8DCD59411F45DAD861BFB5FE77ADF4D" xlink:type="locator" />
    <link:presentationArc order="22" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_13C54AD730C552DFBD829876792C19A5" xlink:to="loc_dei_EntityRegistrantName_D8DCD59411F45DAD861BFB5FE77ADF4D" xlink:type="arc" />
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>7
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.20.1</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>2</ContextCount>
  <ElementCount>95</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>0</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="a2020-8xkx2020x06x04xa.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>0001000 - Document - Cover Page Document</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.shutterstock.com/role/CoverPageDocument</Role>
      <ShortName>Cover Page Document</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" original="a2020-8xkx2020x06x04xa.htm">a2020-8xkx2020x06x04xa.htm</File>
    <File>sstk-20200604.xsd</File>
    <File>sstk-20200604_cal.xml</File>
    <File>sstk-20200604_def.xml</File>
    <File>sstk-20200604_lab.xml</File>
    <File>sstk-20200604_pre.xml</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy>http://xbrl.sec.gov/dei/2019-01-31</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>true</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>8
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.20.1</span><table class="report" border="0" cellspacing="2" id="idp6606252576">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Cover Page Document<br></strong></div></th>
<th class="th"><div>Jun. 04, 2020</div></th>
<th class="th"><div>Apr. 10, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CoverAbstract', window );"><strong>Cover [Abstract]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">0001549346<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Jun.  04,  2020<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">DE<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-35669<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">80-0812659<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">350 Fifth Avenue, 21st Floor<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">New York<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">NY<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">10118<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">646<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">710-3417<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common Stock, $0.01 par value per share<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">SSTK<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NYSE<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">&#160;<span></span>
</td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">Shutterstock,&#160;Inc.<span></span>
</td>
<td class="text">&#160;<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CoverAbstract">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Cover page.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CoverAbstract</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>10
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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MMWF\81AU8\K(XK%T-8943OTJDH\ Q:X831F:3LTXXFBD(3^ G/,6+V2?$9/
M-(X'P"J8%EQV^3O8:W7..7AKQ%/25V^9"CGIYFHQ*/B76_..7+8\#?NW_+""
MWTG] E!+ P04    " "KA,10R<G]>^X    K @  $0   &1O8U!R;W!S+V-O
M<F4N>&ULS9+!2L0P$(9?17)O)VVE"Z';B^))07!!\1:2V=U@TX1DI-VW-XV[
M740?P&-F_GSS#4RGO% NX'-P'@,9C#>S'<8HE-^R(Y$7 %$=T<I8IL28FGL7
MK*3T# ?P4GW( T+->0L626I)$A9@X5<BZSNMA HHR84S7JL5[S_#D&%: 0YH
M<:0(55D!ZY>)_C0/'5P!"XPPV/A=0+T2<_5/;.X .R?G:-;4-$WEU.1<VJ&"
MMZ?'E[QN8<9(<E28?D4CZ.1QRRZ37YN[^]T#ZVM>\X*W!;_=5:UH-H)OWA?7
M'WY78>NTV9M_;'P1[#OX=1?]%U!+ P04    " "KA,10F5R<(Q &  "<)P
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MSOQ1/W+#UZ62]T3U;G7<70JR9/9C'MRB_W;^G3VMMJNW=5YF-U=F0&QZ!'U
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M4')O<',O87!P+GAM;%!+ 0(4 Q0    ( *N$Q%#)R?U[[@   "L"   1
M          "  9D!  !D;V-0<F]P<R]C;W)E+GAM;%!+ 0(4 Q0    ( *N$
MQ%"97)PC$ 8  )PG   3              "  ;8"  !X;"]T:&5M92]T:&5M
M93$N>&UL4$L! A0#%     @ JX3$4.</-XRO @  [ L  !@
M ( !]P@  'AL+W=O<FMS:&5E=',O<VAE970Q+GAM;%!+ 0(4 Q0    ( *N$
MQ%!U2OZX9@(  !D&   4              "  =P+  !X;"]S:&%R9613=')I
M;F=S+GAM;%!+ 0(4 Q0    ( *N$Q%"ZH3F*UP$  #(&   -
M  "  70.  !X;"]S='EL97,N>&UL4$L! A0#%     @ JX3$4-O]Q#4] 0
M, (   \              ( !=A   'AL+W=O<FMB;V]K+GAM;%!+ 0(4 Q0
M   ( *N$Q%#_P"8(O0   (4"   :              "  > 1  !X;"]?<F5L
M<R]W;W)K8F]O:RYX;6PN<F5L<U!+ 0(4 Q0    ( *N$Q% +C]@#(0$  %<$
M   3              "  =42  !;0V]N=&5N=%]4>7!E<UTN>&UL4$L%!@
0   *  H @ (  "<4      $!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>a2020-8xkx2020x06x04xa_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="sstk-20200604.xsd" xlink:type="simple"/>
    <context id="D2020Q2AnnualMeeting">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001549346</identifier>
        </entity>
        <period>
            <startDate>2020-06-04</startDate>
            <endDate>2020-06-04</endDate>
        </period>
    </context>
    <context id="D2020Q2LW">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001549346</identifier>
        </entity>
        <period>
            <startDate>2020-04-10</startDate>
            <endDate>2020-04-10</endDate>
        </period>
    </context>
    <dei:AmendmentFlag
      contextRef="D2020Q2LW"
      id="Fact-449FD2E4F505581090E45FA29D871D52-wk-Fact-449FD2E4F505581090E45FA29D871D52">false</dei:AmendmentFlag>
    <dei:EntityCentralIndexKey
      contextRef="D2020Q2LW"
      id="Fact-595186E6714A5C80AD56AD45863ABAAE-wk-Fact-595186E6714A5C80AD56AD45863ABAAE">0001549346</dei:EntityCentralIndexKey>
    <dei:DocumentType
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e148-wk-Fact-8BA10CD97230531F9810AEE920771902">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e176-wk-Fact-717C26072E6B5F9191806E86B17D30CA">2020-06-04</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e182-wk-Fact-331C1789FCCB5097AE1C9B9CDCB921D9">Shutterstock,&#160;Inc.</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e218-wk-Fact-900221E6794455F8B631C13BD66CB9D0">DE</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e228-wk-Fact-369D9C115BBF5488ABAE55842639E0CE">001-35669</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e238-wk-Fact-3B8A133C44F55025A4A69BD906997B94">80-0812659</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e276-wk-Fact-525BEA026F7A5697AD590F050E6918CF">350 Fifth Avenue, 21st Floor</dei:EntityAddressAddressLine1>
    <dei:EntityAddressCityOrTown
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e282-wk-Fact-6EAAF5DC5EF558DA96A85A9AFD020DB4">New York</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e287-wk-Fact-9A9752CAF453511C9AA11FD5D663EDF4">NY</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e292-wk-Fact-A997F2489AA6597F9DD328B7A5E2F680">10118</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e309-wk-Fact-C3245D9D1F015BE2A084DC387A82905B">646</dei:CityAreaCode>
    <dei:LocalPhoneNumber
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e313-wk-Fact-21563B684EE659C08A3489D5D979C1A4">710-3417</dei:LocalPhoneNumber>
    <dei:WrittenCommunications
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e346-wk-Fact-2CF4FB51262C5302929452A60C20336B">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e357-wk-Fact-3046B867B08A5A028CCC4CF9F72AA0B5">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e368-wk-Fact-43C164A8644358FD823EEA005D83542B">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e379-wk-Fact-F35EC981B87052E1B3774B594713115D">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e432-wk-Fact-9C2BD86E8EC5560D90DD62B57E0E6F3C">Common Stock, $0.01 par value per share</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e437-wk-Fact-A572E836DF54530E81E24F7B8EBD2110">SSTK</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e442-wk-Fact-3ED914ADA5285FF5B56AE60BFFF05136">NYSE</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany
      contextRef="D2020Q2AnnualMeeting"
      id="d9159996e479-wk-Fact-8F6DC8031CB55C45B0F2A5FC8ED6FBFB">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>12
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "a2020-8xkx2020x06x04xa.htm": {
   "axisCustom": 0,
   "axisStandard": 0,
   "contextCount": 2,
   "dts": {
    "calculationLink": {
     "local": [
      "sstk-20200604_cal.xml"
     ]
    },
    "definitionLink": {
     "local": [
      "sstk-20200604_def.xml"
     ],
     "remote": [
      "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-eedm-def-2019-01-31.xml",
      "http://xbrl.fasb.org/srt/2019/elts/srt-eedm1-def-2019-01-31.xml"
     ]
    },
    "inline": {
     "local": [
      "a2020-8xkx2020x06x04xa.htm"
     ]
    },
    "labelLink": {
     "local": [
      "sstk-20200604_lab.xml"
     ],
     "remote": [
      "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "sstk-20200604_pre.xml"
     ]
    },
    "referenceLink": {
     "remote": [
      "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml"
     ]
    },
    "schema": {
     "local": [
      "sstk-20200604.xsd"
     ],
     "remote": [
      "http://xbrl.fasb.org/srt/2019/elts/srt-types-2019-01-31.xsd",
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd",
      "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://xbrl.fasb.org/srt/2019/elts/srt-2019-01-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://xbrl.fasb.org/us-gaap/2019/elts/us-gaap-2019-01-31.xsd",
      "http://xbrl.fasb.org/us-gaap/2019/elts/us-roles-2019-01-31.xsd",
      "http://xbrl.fasb.org/srt/2019/elts/srt-roles-2019-01-31.xsd",
      "https://xbrl.sec.gov/country/2017/country-2017-01-31.xsd",
      "http://xbrl.fasb.org/us-gaap/2019/elts/us-types-2019-01-31.xsd",
      "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "https://xbrl.sec.gov/currency/2019/currency-2019-01-31.xsd",
      "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd",
      "https://xbrl.sec.gov/exch/2019/exch-2019-01-31.xsd",
      "http://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd",
      "http://xbrl.sec.gov/sic/2011/sic-2011-01-31.xsd",
      "https://xbrl.sec.gov/stpr/2018/stpr-2018-01-31.xsd",
      "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd"
     ]
    }
   },
   "elementCount": 23,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2019-01-31": 2,
    "total": 2
   },
   "keyCustom": 0,
   "keyStandard": 95,
   "memberCustom": 0,
   "memberStandard": 0,
   "nsprefix": "sstk",
   "nsuri": "http://www.shutterstock.com/20200604",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "span",
       "div",
       "td",
       "tr",
       "table",
       "div",
       "div",
       "div",
       "body",
       "html"
      ],
      "baseRef": "a2020-8xkx2020x06x04xa.htm",
      "contextRef": "D2020Q2AnnualMeeting",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "0001000 - Document - Cover Page Document",
     "role": "http://www.shutterstock.com/role/CoverPageDocument",
     "shortName": "Cover Page Document",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "span",
       "div",
       "td",
       "tr",
       "table",
       "div",
       "div",
       "div",
       "body",
       "html"
      ],
      "baseRef": "a2020-8xkx2020x06x04xa.htm",
      "contextRef": "D2020Q2AnnualMeeting",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 0,
   "tag": {
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag",
        "terseLabel": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code",
        "terseLabel": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "xbrltype": "stringItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.",
        "label": "Document Period End Date",
        "terseLabel": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type",
        "terseLabel": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One",
        "terseLabel": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town",
        "terseLabel": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code",
        "terseLabel": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province",
        "terseLabel": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key",
        "terseLabel": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company",
        "terseLabel": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Entity File Number",
        "terseLabel": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation, State or Country Code",
        "terseLabel": "Entity Incorporation, State or Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name",
        "terseLabel": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number",
        "terseLabel": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number",
        "terseLabel": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre-commencement Issuer Tender Offer",
        "terseLabel": "Pre-commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r3"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre-commencement Tender Offer",
        "terseLabel": "Pre-commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Title of 12(b) Security",
        "terseLabel": "Title of 12(b) Security"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name",
        "terseLabel": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r4"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material",
        "terseLabel": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol",
        "terseLabel": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r6"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications",
        "terseLabel": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.shutterstock.com/role/CoverPageDocument"
     ],
     "xbrltype": "booleanItemType"
    }
   },
   "unitCount": 0
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12"
  },
  "r5": {
   "Name": "Regulation 12B",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r6": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425"
  }
 },
 "version": "2.1"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>14
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>15
<FILENAME>0001549346-20-000025-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001549346-20-000025-xbrl.zip
M4$L#!!0    ( *N$Q%#43/T@VQP  +H" 0 :    83(P,C M.'AK>#(P,C!X
M,#9X,#1X82YH=&WM/6MWVDB6GV=^1:UG9S8Y!XS>#\>=.4)(W9Y.G*SMGO3L
M-R$51A,AJ27AQ_SZO5620$"5L#$FV*9/)P%NE:KN^U$/G?[];A*A&YSE81+_
M="0>"T<(QWX2A/'U3T>_7;E=X^CO'_]\^E_=[N_]BT]HD/C3"8X+9&?8*W"
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M?2<Y:!VH HHH.*0W?V+<^0)02P,$%     @ JX3$4'A12 :E 0  W@4  !4
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M<R3N#TZ-T/[0""7"7V[BMUMUX/K+%[_)!K4#Q8''?'UR\)<=MMX!4$L#!!0
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M+6MO5W*GE9'-!Y.6*V,CY%;-D^*LTW"T.K&(_@I^%X.OH/HD<'HW3Z>C=+2
MYEKH9#SZ<!2.^J-TW#=9F,'4^6R>#X;S/D=:.^B(9M93CRFV6G!)O<?:0T%E
M?Q&@GTY[?YR5PRV^M"T@Q(8293D&AE)DO;8"2<$9E\A J>A13(Z;[N7I++O)
MA\NI)R@I9MZEN(\+'<E_2R7_^_GX4>V:)=EPXV<\"R(6 F;I\/UE]OTX)!:$
M0%D<](J#'H"K2?*'C:2?&Y,-&QBSS'-23/59OBJ3M9^FRH=)EH_2/"Q!RF\:
MY,,=AJ[..!YF85Z]GO?6O"V6(HUU9TU+8IEY$/I2UFLU[*;S\?S>A(55/IB<
MA**_^W=ZWQ=.4*,AP9HIH3@E#K)E+1N&!/;]^0.L7RWHEZ,CHSV"R@!A$!44
M:Q12P4AY8Q@S ,84]GS+K/%*=2]%)2M5R4)6$G1MK?*V3-L-@.[]B@-!M%5M
M .%%$[: H9EAAP=$0_U96Z53'1CE/NQK^(Z^<@A3SHR7A%)%B=70KTI>8&=)
M54ZL!662*<FX4PR$:=-*H;'R%&)L% SCX8[Q\+#1+,149T*<+[M1T)DE<02H
MYD8;;?\TX2W=7LN3PS=Y/=E9PUJ(;^F'G8P-J^Z^<]0*!@$DBC)FI16 K&I8
M&F5!;&^O1T>0$^:5TPQ#"BE6R'%$.><2VO#A]M7D2U5)D)44NN+[/=*TZHW?
MG5\U"5#5JC9AL&;"#BK4,^SMX*&F_A<XT<2)ZIN&D^DPRZ^S?'$A]6P>AC+9
M35A^W)MLE/:-8CRL-3S2'#DO)&5(EIV@F(5Q6XC7Q])2.F6(MQ8PZIA0TH0=
MMPUS+S&&"K.?#<6:QA^3A<I0.<E*:5)(C=UC-/2XZHYC?_;6VG\T<K:]+<FK
M+KVZ06G'W\.CJM5L-C8O;;I4'6-^/$E_O[DZ3_,^X@!#S$EH(LNLL\)*]3![
M&X3BF/4D,%?(*,0$8 !1A+!46!BL'&&4$&G]?@!5"$J6BF(Y%&-25>ATY$\M
MPE2QICV0/&;^*C5J&/16$%%'^@8/:N=?O?F_#NY.1F'%-+X8+V\(K\9SFDCH
MG>'8$X(Q1 28LLB%M3*.!-M&X4*$)J*&08LID%YQ#@1GBH?V,@2#_6 AJ$O6
MY=6$1&TSJQ)C'S[6PD>\A>W!9(LIKY*EJ9%O!3.-\]A@3CO.5 >0&HU"><U6
M?YV.IRGL4\F0)P( 2BSFT LE<-DO1%,5!Y^71L" <N0- ]@#*BC2DIOB<TXL
M\"'%_8!G)>G'\B IQ"6?IM&[I%HF5H5.U_[5 DZ\=>T!YP5#7H5-$P/?"F@:
MY; !F>:.1 /&A,-/^=?L=MH/L8F!$A$*B) 4,(_*^Y0R;*LB;^YNQH<2*$T@
M =@*ZJ@7AFN*N9!":J71ON%2*"LN%A3::H(EQKQ(K'3D6S.H5+*L=: \6E$%
M)S6,>V,PJ9/!-I34=B,:)(OK,I_RSWGV?1SR[2-MM5,004<Y#@CC4I77()5S
MV-6BR?-!!-=:2QPV$4Y2IH!T4C,&A ?(AOT$VS-2'BY E@)K<B7:RTBX=&EC
M,\)4=[!US#PSI0IKZOKXQH!3.XUMU&GF2S1Z/F>S^6#RG_'UXGHP "#,M]HH
M0 PH'FI!UI7-PCCDM<#S; CGH))0.VX5U0QH9YW@&!.J/7!&[1D[2W%)4%?K
M7E(]%R.1TYV!S8!3U;O6<;-F2!78U'/PC:&F9A+;0-/$DRJ8*99/*D\'B_ 4
MRQ#38^\,= (6;5 N\3UETE8%RUI0H1D2,LSH'O&@V2EJD8?(&HX%-JCK9UX7
M*_I"3"0YXHS9S8K./(FC0T4[6GF\_4G&6]J_EBF';_AZLK.&Q5"]J8MW_":?
MOV73\B82I8H9#[!0!# ;<"%<>>?2<U+]:=6-P-98X:QE7DI!J=,".*24=(Q(
MY(0A'3?W0D^R$!1]YR;>I-U-WJD_<8T>84T;S?X\\RT-7]N@PS=]?>E9"P52
MO?G_S,?S>3HUV=75S71U*V?6EP1KJJ14WEO@&+6$@X<9S/K*ESY?CNX)$LIH
MH*R!5#DLK;""6R<="+L?U_7MW)6H9%U5=134M&PW#[IW*PX*D4:U 887+=A"
MAV9V'1X1#?5G;15.=5B<99/Q<#P?3R]_&X3&&P\F?>. 1S),@@9:"#TR&*PN
MQ5E@@:Y\=>&%T)HCA3S@WC%$K2YN3*HPB@=6&2-IU'N=-3#QJ"@I)55G1!VG
M=@.B8Y/BZ!#C3QMHV$Q^"Q<:N'1X*#01G[52*=5Q\#E/"^2D(:G%6S?%N^#Y
MIXN+8G6LI ]C0&65-H(RIA0IBYT:::IBX94AD*6 <808,8X2@+1U"ACB%$*8
M:BH[QD-0UAL^D98LM24+<=5!T<3#W<#8DWUQX*CG7!L(V6['%I2TX-_AD=)&
M$EFK-54;,2>SV4V:/QU2 B49, )C[XV  GNARR91D-0%S>9 PDD K(1 "D&A
MT9HZQ PQ7&NLJ.KZT?2-IEDJ;(<Z-6R-9D^WCC8D4(R9'8!HPYMJ.*IOZ9N#
M4H-4MJ.IJ3^5MD3I\";LONXA.O\ZGD_2OJ=.2X84-A0XH9W6CYT#B*M\Z60C
M,%;>@,!7Y4A *24*.QTH2[FR0FG1]9O "Q%)=I% ],_S?R6EO(@M4;13%39$
M79H4QY18?UK9$CU+?]N&J*Y+A\=$?>E9"U52'0-?\T'Q.QG/[J_.LTE?:8Q(
M*&L7.&,0)9P[^%#97E1^,'T]*B$@3+Y(*44!=4)*21G4W%/(J!6PZ^LA*S')
M4DWUOH^T9G?3=^=*9,=7,Z2-1E]+>4N7U[/E\"U>4W?6M"#BYWAW-_P6"B#]
M?7"5]I5R7A&/#4<268DU1:HL9(T!C9WGUX)##C!Q@ 0F4<H05A "1QPVVDNI
M?=</5)6:DE)44JB*G^KC#*L^W7?F5>05T#B;VISQGSJP8]:O9=;AL=!,_@NS
M?P,?JC^!Z:[2_#*PZ-<\NYU_"YN1Z\'TOF^QQ8! AXCC1!-F$2XGO6)K79D5
MKXW!0T<9@2#%Q8?"*J3AH2$:0D0IV=,[LJ6V9"DN6:F+?02SIHV[";(O!^-
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M_N$V9)=" JR%4D!EF9%$4:"LL9QA'!$5 ZMEF\X4&#0UVN#8$S&:94QZE[Y
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M>6G^*>C=J_\ 4$L! A0#%     @ JX3$4-1,_2#;'   N@(! !H
M     ( !     &$R,#(P+3AX:W@R,#(P># V># T>&$N:'1M4$L! A0#%
M  @ JX3$4!T5M$!( P  @1$  !$              ( !$QT  '-S=&LM,C R
M,# V,#0N>'-D4$L! A0#%     @ JX3$4%PKRG=! 0  C (  !4
M     ( !BB   '-S=&LM,C R,# V,#1?8V%L+GAM;%!+ 0(4 Q0    ( *N$
MQ%!X44@&I0$  -X%   5              "  ?XA  !S<W1K+3(P,C P-C T
M7V1E9BYX;6Q02P$"% ,4    " "KA,10#YGO G\+   C9@  %0
M    @ '6(P  <W-T:RTR,#(P,#8P-%]L86(N>&UL4$L! A0#%     @ JX3$
M4"N:X]>?!@  *#4  !4              ( !B"\  '-S=&LM,C R,# V,#1?
=<')E+GAM;%!+!08     !@ & ),!  !:-@     !

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
