0001140361-18-031224.txt : 20180703 0001140361-18-031224.hdr.sgml : 20180703 20180703145520 ACCESSION NUMBER: 0001140361-18-031224 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180630 FILED AS OF DATE: 20180703 DATE AS OF CHANGE: 20180703 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ARNOLD SCOTT CENTRAL INDEX KEY: 0001268849 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33031 FILM NUMBER: 18936503 MAIL ADDRESS: STREET 1: 6740 SHADY OAK RD CITY: EDEN PRAIRIE STATE: MN ZIP: 55344 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 2018-06-30 0 0001125920 SHUTTERFLY INC SFLY 0001268849 ARNOLD SCOTT C/O SHUTTERFLY, INC. 2800 BRIDGE PARKWAY REDWOOD CITY CA 94065 0 1 0 0 SVP, Enterprise Common Stock 2018-06-30 4 M 0 12543 0 A 12543 D Common Stock 2018-07-02 4 S 0 4786 89.25 D 7757 D Common Stock 2018-07-02 4 S 0 18 89.8335 D 7739 D Common Stock 2018-07-02 4 M 0 39474 47.50 A 47213 D Common Stock 2018-07-02 4 S 0 34844 89.5342 D 12369 D Common Stock 2018-07-02 4 S 0 4630 90.1556 D 7739 D Common Stock 2018-07-03 4 S 0 6406 90.0409 D 1333 D Common Stock 2018-07-03 4 S 0 1333 90.6266 D 0 D Restricted Stock Units 0 2018-06-30 4 M 0 12543 0 D Common Stock 12543 37627 D Employee Stock Option (right to buy) 47.50 2018-07-02 4 M 0 39474 0 D 2024-06-30 Common Stock 39474 118420 D Vesting of restricted stock units ("RSUs") granted to the Reporting Person on June 30, 2017. 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 line for any reason other than to cover required taxes. This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person. Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $89.00 to $89.98 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 $90.00 to $90.46 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 $89.50 to $90.49 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 $90.51 to $90.77 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. 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 June 30, 2018. The stock option vests and becomes exercisable as to 1/4th of the shares subject to the option on June 30, 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. /s/ Jason Sebring, Attorney-in-Fact 2018-07-03