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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1125920	Shutterfly Inc	SFLY	Services-Photofinishing Laboratories (7384)	943330068

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1665759	Karl Roland Wiley	C/O Shutterfly, Inc. 2800 Bridge Parkway Redwood City CA 94065	Svp And General Manager	No	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	2016-02-16	8,000	$0.00	8,000	No	4	M	Direct
Common Stock	Disposition	2016-02-16	3,163	$39.35	4,837	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2016-02-16	5,600	$0.00	5,600	$0.00
Common Stock	Restricted Stock Units	Disposition	2016-02-16	2,400	$0.00	2,400	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	M	Direct
0			No	4	M	Direct

Footnotes

Vesting of restricted stock units ("RSUs") granted to the Reporting Person on February 13, 2013.
Each of these RSUs represents a contingent right to receive one (1) share of Issuer common stock under the Issuer's 2015 Equity Incentive Plan.
This award vested in 3 equal annual installments beginning February 15, 2014, and is fully vested as of the date of this Form 4.
This award vested in 3 equal annual installments beginning February 15, 2014, subject to achievement of the applicable performance objectives, and is fully vested as of the date of this Form 4.