Filing Details

Accession Number:
0001567619-19-005669
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-02-28 18:51:23
Reporting Period:
2019-02-27
Accepted Time:
2019-02-28 18:51:23
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
1699337 Michele Anderson C/O Shutterfly, Inc.
2800 Bridge Parkway
Redwood City CA 94065
Svp, Retail 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 2019-02-27 12,040 $0.00 13,301 No 4 M Direct
Common Stock Disposition 2019-02-28 4,188 $44.57 9,113 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2019-02-27 12,040 $0.00 12,040 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
24,080 No 4 M Direct
Footnotes
  1. Vesting of restricted stock units ("RSUs") granted to the Reporting Person on February 27, 2017.
  2. 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 RSUs. 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.
  3. Each of these RSUs represents a contingent right to receive one (1) share of Issuer common stock upon settlement for no consideration.
  4. The RSUs vest in 4 equal annual installments, subject to the Reporting Person's continuous service to the Issuer through each such vesting date, with the first installment vesting on February 27, 2018. 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) the 10th anniversary of the grant date.