Filing Details
- Accession Number:
- 0001140361-17-012661
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-03-17 19:17:37
- Reporting Period:
- 2017-03-15
- Filing Date:
- 2017-03-17
- Accepted Time:
- 2017-03-17 19:17:37
- 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 |
|---|---|---|---|---|---|---|---|
| 1548888 | John Boris | C/O Shutterfly, Inc. 2800 Bridge Parkway Redwood City CA 94065 | Svp, Chief Marketing 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 | 2017-03-15 | 6,250 | $0.00 | 25,354 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-03-16 | 3,280 | $47.04 | 22,074 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2017-03-17 | 2,970 | $46.95 | 19,104 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | 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 | 2017-03-15 | 6,250 | $0.00 | 6,250 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 18,750 | No | 4 | M | Direct |
Footnotes
- Vesting of restricted stock units ("RSUs") that were granted to the Reporting Person on March 9, 2016.
- Represents the 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 shares reported on this line for any reason other than to cover required taxes.
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2016.
- Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $46.76 to $47.12 per share. 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 purchased at each separate price within the range.
- Each of these RSU's represents a contingent right to receive one (1) share of Issuer common stock under the Issuer's 2015 Equity Incentive Plan.
- These RSU's 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 March 15, 2017. Vested shares shall be settled within 30 days of the vesting date as set forth in the RSU Award Agreement. These RSU's 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.
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