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