0001140361-17-039184.txt : 20171020
0001140361-17-039184.hdr.sgml : 20171020
20171020171907
ACCESSION NUMBER: 0001140361-17-039184
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171018
FILED AS OF DATE: 20171020
DATE AS OF CHANGE: 20171020
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lokuge Ishantha
CENTRAL INDEX KEY: 0001665857
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33031
FILM NUMBER: 171147618
MAIL ADDRESS:
STREET 1: C/O SHUTTERFLY, INC.
STREET 2: 2800 BRIDGE PARKWAY
CITY: REDWOOD CITY
STATE: CA
ZIP: 94065
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SHUTTERFLY INC
CENTRAL INDEX KEY: 0001125920
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PHOTOFINISHING LABORATORIES [7384]
IRS NUMBER: 943330068
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2800 BRIDGE PARKWAY
CITY: REDWOOD CITY
STATE: CA
ZIP: 94065
BUSINESS PHONE: 650-610-5200
MAIL ADDRESS:
STREET 1: 2800 BRIDGE PARKWAY
CITY: REDWOOD CITY
STATE: CA
ZIP: 94065
4
1
doc1.xml
FORM 4
X0306
4
2017-10-18
0
0001125920
SHUTTERFLY INC
SFLY
0001665857
Lokuge Ishantha
C/O SHUTTERFLY, INC.
2800 BRIDGE PARKWAY
REDWOOD CITY
CA
94065
0
1
0
0
SVP and Chief Product Officer
Common Stock
2017-10-18
4
M
0
2500
0
A
7162
D
Common Stock
2017-10-19
4
S
0
1312
49.18
D
5850
D
Common Stock
2017-10-19
4
S
0
4662
48.7487
D
1188
D
Common Stock
2017-10-20
4
S
0
1188
48.8571
D
0
D
Restricted Stock Units
2017-10-18
4
M
0
2500
0
D
Common Stock
2500
7500
D
Vesting of restricted stock units ("RSUs") granted to the Reporting Person on October 18, 2016.
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.
This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $48.52 to $49.17 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.
Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $48.7279 to $49.07 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, subject to the Reporting Person's continuous service to the Issuer through each such vesting date. The first installment vested on October 18, 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.
/s/ Jason Sebring, Attorney-in-Fact
2017-10-20