SHUTTERFLY INC 4
4 · SHUTTERFLY INC · Filed Feb 13, 2015
Insider Transaction Report
Form 4
SHUTTERFLY INCSFLY
KELLER ERIC J
Director
Transactions
- Exercise/Conversion
Common Stock
2015-02-12$17.75/sh+10,000$177,500→ 39,279 total - Sale
Common Stock
2007-05-17$46.57/sh−10,000$465,717→ 29,279 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2007-05-17−10,000→ 0 totalExercise: $17.75→ Common Stock (10,000 underlying)
Footnotes (4)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2014.
- [F2]Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $46.215 to $47.16. 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 sold at each separate price within the range.
- [F3]The option vested in 36 equally monthly installments beginning on June 17, 2007.
- [F4]The option expires ten years from the date of grant, on May 16, 2017.