Filing Details

Accession Number:
0001140361-18-012491
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-07 17:19:50
Reporting Period:
2018-03-05
Accepted Time:
2018-03-07 17:19:50
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
1622485 Satish Menon C/O Shutterfly, Inc.
2800 Bridge Parkway
Redwood City CA 94065
Svp, Chief Technology 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 2018-03-05 15,922 $44.75 43,970 No 4 M Direct
Common Stock Disposition 2018-03-05 9,182 $80.30 34,788 No 4 S Direct
Common Stock Disposition 2018-03-05 9,788 $80.88 25,000 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 Employee Stock Option (right to buy) Disposition 2018-03-05 15,922 $0.00 15,922 $44.75
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
47,765 2024-02-13 No 4 M Direct
Footnotes
  1. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
  2. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $79.66 to $80.65 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.
  3. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $80.67 to $81.17 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.
  4. The stock option vested and became exercisable as to 1/4th of the shares subject to the option on February 14, 2018, and thereafter vests as to 1/48th of the shares in equal monthly installments, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.