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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
1651687	Lisa Blackwood-Kapral	C/O Shutterfly, Inc. 2800 Bridge Parkway Redwood City CA 94065	Chief Accounting Officer	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
Common Stock	Acquisiton	2016-02-17	1,575	$0.00	1,575	No	4	A	Direct
Common Stock	Acquisiton	2016-02-17	675	$0.00	2,250	No	4	M	Direct
Common Stock	Disposition	2016-02-18	997	$39.06	1,253	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
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	2016-02-17	1,575	$0.00	1,575	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,725			No	4	M	Direct

Footnotes

Reflects shares vested pursuant to a performance-based restricted stock unit award issued on February 23, 2015 under the Issuer's 2006 Equity Incentive Plan.
Vesting of restricted stock units ("RSUs") granted to the Reporting Person on February 23, 2015.
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 vests in 4 equal annual installments beginning February 23, 2015.