SCHOENDORF NANCY J 4
4 · SHUTTERFLY INC · Filed May 16, 2012
Insider Transaction Report
Form 4
SHUTTERFLY INCSFLY
SCHOENDORF NANCY J
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2012-05-15−2,422→ 0 total→ Common Stock (2,422 underlying) - Exercise/Conversion
Common Stock
2012-05-15+2,422→ 40,278 total
Footnotes (3)
- [F1]Vesting of restricted stock units granted to the Reporting Person on May 15, 2009.
- [F2]Each restricted stock unit represents a contingent right to receive one share of SFLY common stock.
- [F3]The restricted stock units vest in three equal annual installments beginning May 15, 2010.