BORIS JOHN 4

Accession 0001140361-18-016900

CIK 0001125920other

View on SEC.gov Company Profile

Filed

Apr 2, 8:00 PM ET

Accepted

Apr 3, 9:02 PM ET

Size

37.4 KB

Accession

0001140361-18-016900

Insider Transaction Report

Form 4

Period: 2018-04-02

SHUTTERFLY INCSFLY

BORIS JOHN

SVP, Chief Marketing Officer

Transactions

Exercise/Conversion
Common Stock
2018-04-02+3,271→ 13,271 total
Exercise/Conversion
Restricted Stock Units
2018-04-02−1,633→ 11,449 total
→ Common Stock (1,633 underlying)
Exercise/Conversion
Common Stock
2018-04-02+2,500→ 7,500 total
Exercise/Conversion
Common Stock
2018-04-02+3,125→ 19,666 total
Sale
Common Stock
2018-04-02$81.37/sh−256$20,830→ 12,344 total
Exercise/Conversion
Restricted Stock Units
2018-04-02−1,560→ 10,940 total
→ Common Stock (1,560 underlying)
Exercise/Conversion
Common Stock
2018-04-02+2,500→ 10,000 total
Exercise/Conversion
Common Stock
2018-04-02+3,270→ 16,541 total
Sale
Common Stock
2018-04-02$80.54/sh−1,300$104,705→ 12,600 total
Exercise/Conversion
Restricted Stock Units
2018-04-02−1,633→ 11,449 total
→ Common Stock (1,633 underlying)
Exercise/Conversion
Employee Stock Option (right to buy)
2018-04-02−16,585→ 25,304 total
Exercise: $44.75Exp: 2024-02-13→ Common Stock (16,585 underlying)
Sale
Common Stock
2018-04-02$80.74/sh−7,322$591,189→ 12,344 total
Sale
Common Stock
2018-04-02$78.46/sh−12,297$964,814→ 16,632 total
Sale
Common Stock
2018-04-02$79.21/sh−2,732$216,401→ 13,900 total
Exercise/Conversion
Restricted Stock Units
2018-04-02−2,500→ 7,500 total
→ Common Stock (2,500 underlying)
Exercise/Conversion
Common Stock
2018-04-02$44.75/sh+16,585$742,179→ 28,929 total
Exercise/Conversion
Restricted Stock Units
2018-04-02−2,500→ 7,500 total
→ Common Stock (2,500 underlying)

Footnotes (16)

[F1]Vesting of restricted stock units ("RSUs") that were granted to the Reporting Person on February 13, 2015.
[F10]Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $80.25 to $80.84 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.
[F11]Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $81.29 to $81.39 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.
[F12]Each of these RSUs represents a contingent right to receive one (1) share of Issuer common stock under the Issuer's 2015 Equity Incentive Plan.
[F13]These RSUs vest in 4 equal annual installments, subject to the Reporting Person's continuous service to the Issuer through each such vesting date. The first installment vested on February 17, 2016. 2,500 of the RSU shares were subject to accelerated vesting on April 2, 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) when the Reporting Person ceases to provide services to the Issuer.
[F14]These RSUs vest in 4 equal annual installments, subject to the Reporting Person's continuous service to the Issuer through each such vesting date. The first installment vested on February 15, 2017. 1,633 of the RSU shares were subject to accelerated vesting on April 2, 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) when the Reporting Person ceases to provide services to the Issuer.
[F15]These RSUs vest in 4 equal annual installments, subject to the Reporting Person's continuous service to the Issuer through each such vesting date. The first installment vested on March 15, 2017. 1,560 of the RSU shares were subject to accelerated vesting on April 2, 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) when the Reporting Person ceases to provide services to the Issuer.
[F16]The stock option vested and became exercisable as to 1/4th of the shares subject to the option on February 14, 2018, and thereafter vests as to 1/48th of the shares in equal monthly installments. 5,238 of the stock option shares were subject to accelerated vesting on April 2, 2018.
[F2]Vesting of RSUs that were granted to the Reporting Person on February 10, 2016.
[F3]Vesting of RSUs that were granted to the Reporting Person on March 9, 2016.
[F4]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 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.
[F5]Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $80.7405 to $81.4355 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.
[F6]Exercise of stock options that were granted to the Reporting Person on February 14, 2017.
[F7]This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
[F8]Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $77.91 to $78.89 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.
[F9]Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $78.91 to $79.83 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.

Documents

1 file

4
doc1.xmlPrimary
FORM 4

Issuer

SHUTTERFLY INC

CIK 0001125920

→

Entity typeother

Related Parties

filerCIK 0001548888

Filing Metadata

Form type: 4
Filed: Apr 2, 8:00 PM ET
Accepted: Apr 3, 9:02 PM ET
Size: 37.4 KB

View on SEC.gov