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