CLARK JAMES H 4
4 · SHUTTERFLY INC · Filed Aug 4, 2009
Insider Transaction Report
Form 4
SHUTTERFLY INCSFLY
CLARK JAMES H
10% Owner
Transactions
- Sale
Common Stock
2009-07-31$16.09/sh−54,516$877,337→ 2,497,453 total(indirect: See Footnote) - Sale
Common Stock
2009-08-03$15.63/sh−73,650$1,151,208→ 2,423,803 total(indirect: See Footnote)
Footnotes (4)
- [F1]The 54,516 shares were sold through separate trades, with the sale prices ranging from $15.78 to $16.49, and at a weighted average sale price of $16.0932. 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) 2,444,779 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 73,650 shares were sold through separate trades, with the sale prices ranging from $15.29 to $16.11, and at a weighted average sale price of $15.6308. 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) 2,371,129 shares held by Monaco Partners and (ii) 52,674 shares held by JHC LLC.