Filing Details

Accession Number:
0001140361-17-008030
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-02-16 21:58:26
Reporting Period:
2017-02-14
Filing Date:
2017-02-16
Accepted Time:
2017-02-16 21:58:26
SEC Url:
Form 4 Filing
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 Explanation
Common Stock Acquisiton 2017-02-15 1,400 $0.00 1,400 No 4 M Direct
Common Stock Acquisiton 2017-02-15 600 $0.00 2,000 No 4 M Direct
Common Stock Disposition 2017-02-16 881 $47.35 1,119 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 Acquisiton 2017-02-14 2,400 $0.00 2,400 $0.00
Common Stock Restricted Stock Units Disposition 2017-02-15 600 $0.00 600 $0.00
Common Stock Restricted Stock Units Disposition 2017-02-15 1,400 $0.00 1,400 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,400 No 4 A Direct
1,800 No 4 M Direct
4,200 No 4 M Direct
Footnotes
  1. Vesting of restricted stock units ("RSUs") granted to the Reporting Person on February 16, 2016.
  2. Vesting of RSUs that were earned by the Reporting Person on February 14, 2017.
  3. Represents the aggregate number of shares of the Issuer's common stock sold by the Reporting Person to cover taxes due upon the release and settlement of the RSU's. 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.
  4. 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.
  5. These RSUs represent performance-based RSUs previously awarded to the Reporting Person that were earned upon the satisfaction of certain performance criteria on February 14, 2017.
  6. These RSUs vest in 4 equal annual installments, subject to the Reporting Person's continuous service to the Issuer through each such vesting date. The first installment vested on February 15, 2017. Vested shares shall be settled within 30 days of the vesting date as set forth in the RSU Award Agreement. These RSUs will expire upon the earlier of the date: (i) when all are settled or (ii) when the Reporting Person ceases to provide services to the Issuer.