4//SEC Filing
Anderson Michele 4
Accession 0001140361-18-011365
CIK 0001125920other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 6:07 PM ET
Size
9.1 KB
Accession
0001140361-18-011365
Insider Transaction Report
Form 4
SHUTTERFLY INCSFLY
Anderson Michele
SVP, Retail
Transactions
- Sale
Common Stock
2018-02-28$75.97/sh−4,187$318,086→ 7,854 total - Exercise/Conversion
Common Stock
2018-02-27+12,041→ 12,041 total - Exercise/Conversion
Restricted Stock Units
2018-02-27−12,041→ 36,120 total→ Common Stock (12,041 underlying)
Footnotes (4)
- [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on February 27, 2017.
- [F2]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 RSUs. 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.
- [F3]Each of the RSUs represents a contingent right to receive one (1) share of Issuer common stock upon settlement for no consideration.
- [F4]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 February 27, 2018. 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) the 10th anniversary of the grant date.
Documents
Issuer
SHUTTERFLY INC
CIK 0001125920
Entity typeother
Related Parties
1- filerCIK 0001699337
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 6:07 PM ET
- Size
- 9.1 KB