Filing Details
- Accession Number:
- 0001567619-18-004814
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-10-30 21:28:18
- Reporting Period:
- 2018-10-27
- Accepted Time:
- 2018-10-30 21:28:18
- 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 |
|---|---|---|---|---|---|---|---|
| 1229672 | W Michael Pope | C/O Shutterfly, Inc. 2800 Bridge Parkway Redwood City CA 94065 | Svp & Chief Financial 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 | 2018-10-27 | 17,500 | $0.00 | 17,500 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-10-27 | 17,500 | $0.00 | 35,000 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-10-29 | 17,458 | $58.60 | 17,542 | 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 | Disposition | 2018-10-27 | 17,500 | $0.00 | 17,500 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2018-10-27 | 17,500 | $0.00 | 17,500 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 17,500 | No | 4 | M | Direct | ||
| 17,500 | No | 4 | M | Direct |
Footnotes
- Vesting of restricted stock units ("RSUs") granted to the Reporting Person on October 27, 2015.
- Vesting of performance-based RSUs granted to the Reporting Person on October 27, 2015.
- Represents the aggregate number of shares of the Issuer's common stock automatically 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.
- Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $58.60 to $59.5793 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 RSUs represents a contingent right to receive one (1) share of Issuer common stock upon settlement for no consideration.
- These RSUs vest in 4 equal annual installments, with the first installment vesting on October 27, 2016, subject to the Reporting Person's continuous service to the Issuer through each such vesting date. 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.
- These RSUs vest in 4 equal annual installments, with the first installment vesting on October 27, 2016, subject to achievement of the applicable performance objectives. 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.
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