SHUTTERFLY INC·4

Jul 22, 7:05 PM ET

CLARK JAMES H 4

4 · SHUTTERFLY INC · Filed Jul 22, 2009

Insider Transaction Report

Form 4
Period: 2009-07-20
CLARK JAMES H
10% Owner
Transactions
  • Sale

    Common Stock

    2009-07-20$13.90/sh22,059$306,5382,809,773 total(indirect: See Footnote)
  • Sale

    Common Stock

    2009-07-22$14.92/sh37,549$560,2802,732,827 total(indirect: See Footnote)
  • Sale

    Common Stock

    2009-07-21$14.44/sh39,397$569,0422,770,376 total(indirect: See Footnote)
Footnotes (6)
  • [F1]The 22,059 shares were sold through separate trades, with the sale prices ranging from $13.59 to $14.11, and at a weighted average sale price of $13.8963. The reporting person undertakes to provide upon request by the staff of the Securities and Exchange Commission (the "SEC"), the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate purchase price.
  • [F2]Consists of (i) 2,757,099 shares held by Monaco Partners, L.P. ("Monaco Partners") and (ii) 52,674 shares held by JHC Investments, LLC ("JHC LLC"). Clark Ventures, an entity controlled by James H. Clark, is the general partner of Monaco Partners. Monaco Partners is the sole member of JHC LLC.
  • [F3]The 39,397 shares were sold through separate trades, with the sale prices ranging from $14.07 to $14.615, and at a weighted average sale price of $14.4438. The reporting person undertakes to provide upon request by the staff of the SEC, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate purchase price.
  • [F4]Consists of (i) 2,717,702 shares held by Monaco Partners, L.P. and (ii) 52,674 shares held by JHC LLC.
  • [F5]The 37,549 shares were sold through separate trades, with the sale prices ranging from $14.10 to $15.0962, and at a weighted average sale price of $14.9213. The reporting person undertakes to provide upon request by the staff of the SEC, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate purchase price.
  • [F6]Consists of (i) 2,680,153 shares held by Monaco Partners, L.P. and (ii) 52,674 shares held by JHC LLC.

Documents

1 file
  • 4
    rrd248895.xmlPrimary

    FORM 4