4//SEC Filing
HUGHES THOMAS DAVID 4
Accession 0001213900-19-019065
CIK 0001125920other
Filed
Sep 25, 8:00 PM ET
Accepted
Sep 26, 8:48 PM ET
Size
7.4 KB
Accession
0001213900-19-019065
Insider Transaction Report
Form 4
SHUTTERFLY INCSFLY
HUGHES THOMAS DAVID
Director
Transactions
- Disposition to Issuer
Common Stock
2019-09-25−10,400→ 0 total - Disposition to Issuer
Restricted Stock Units
2019-09-25−4,995→ 0 total→ Common Stock (4,995 underlying)
Footnotes (3)
- [F1]Pursuant to the Agreement and Plan of Merger among the Issuer, Photo Holdings, LLC and Photo Holdings Merger Sub, Inc. dated as of June 10, 2019 (the "Merger Agreement"), the shares of common stock were cancelled and converted into the right to receive $51.00 in cash per share.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer upon vesting.
- [F3]Pursuant to the Merger Agreement, the vesting of all outstanding RSUs accelerated so that the RSUs became fully vested, and the RSUs were cancelled and converted into the right to receive $51.00 in cash per outstanding RSU, payable in accordance with and subject to the terms of the Merger Agreement.
Documents
Issuer
SHUTTERFLY INC
CIK 0001125920
Entity typeother
Related Parties
1- filerCIK 0001647262
Filing Metadata
- Form type
- 4
- Filed
- Sep 25, 8:00 PM ET
- Accepted
- Sep 26, 8:48 PM ET
- Size
- 7.4 KB