Filing Details
- Accession Number:
- 0001125920-13-000036
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-02-20 21:15:33
- Reporting Period:
- 2013-02-15
- Filing Date:
- 2013-02-20
- Accepted Time:
- 2013-02-20 21:15:33
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1125920 | Shutterfly Inc | SFLY | Services-Photofinishing Laboratories (7384) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1376445 | T Jeffrey Housenbold | 2800 Bridge Parkway Redwood City CA 94065 | President & Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2013-02-15 | 25,000 | $16.51 | 409,171 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-02-15 | 25,000 | $41.86 | 384,171 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2013-02-15 | 30,625 | $0.00 | 414,796 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-02-15 | 16,195 | $41.67 | 398,601 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2013-02-15 | 66,667 | $0.00 | 465,268 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-02-15 | 35,253 | $41.67 | 430,015 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2013-02-15 | 66,667 | $0.00 | 496,682 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2013-02-15 | 35,253 | $41.67 | 461,429 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2013-02-15 | 145,000 | $0.00 | 606,429 | No | 4 | A | Direct | |
| Common Stock | Acquisiton | 2013-02-19 | 48,066 | $0.00 | 654,495 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-02-19 | 25,081 | $42.15 | 629,414 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2013-02-19 | 20,600 | $0.00 | 650,014 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-02-19 | 10,750 | $42.15 | 639,264 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2013-02-15 | 25,000 | $0.00 | 25,000 | $16.51 |
| Common Stock | Restricted Stock Units | Disposition | 2013-02-15 | 30,625 | $0.00 | 30,625 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2013-02-15 | 66,667 | $0.00 | 66,667 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2013-02-19 | 48,066 | $0.00 | 48,066 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2013-02-19 | 20,600 | $0.00 | 20,600 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 142,876 | 2017-02-27 | No | 4 | M | Direct | |
| 61,250 | No | 4 | M | Direct | ||
| 133,333 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct |
Footnotes
- The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 28, 2012.
- Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $41.31 to $42.10. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- Exempt transaction pursuant to Section 16b-3(e) payment of tax liability by withholding securities incident to the vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the reporting person in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units. The reporting person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
- Shares vested pursuant to the first of three equal annual installments under a performance-based restricted stock unit award granted on February 14, 2012.
- The common stock underlying the restricted stock unit will vest in three equal annual installments beginning on February 15, 2014.
- The option became fully vested and exercisable as of February 28, 2011.
- Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- The restricted stock units vest in four equal annual installments beginning February 15, 2012.
- The restricted stock units vest in three equal annual installments beginning February 15, 2013.
- The restricted stock units vest in three equal annual installments beginning February 16, 2011.
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