Lokuge Ishantha 4

Accession 0001567619-19-004943

CIK 0001125920other

View on SEC.gov Company Profile

Filed

Feb 18, 7:00 PM ET

Accepted

Feb 19, 8:53 PM ET

Size

32.5 KB

Accession

0001567619-19-004943

Insider Transaction Report

Form 4

Period: 2019-02-14

SHUTTERFLY INCSFLY

Lokuge Ishantha

SVP and Chief Product Officer

Transactions

Exercise/Conversion
Common Stock
2019-02-17+1,500→ 14,168 total
Exercise/Conversion
Common Stock
2019-02-17+1,500→ 15,668 total
Sale
Common Stock
2019-02-19$46.36/sh−4,837$224,253→ 10,831 total
Sale
Common Stock
2019-02-19$46.27/sh−1,863$86,200→ 8,968 total
Exercise/Conversion
Restricted Stock Units
2019-02-17−1,500→ 0 total
→ Common Stock (1,500 underlying)
Sale
Common Stock
2019-02-15$45.93/sh−1,137$52,222→ 1,863 total
Exercise/Conversion
Common Stock
2019-02-15+4,055→ 9,973 total
Exercise/Conversion
Common Stock
2019-02-15+2,695→ 12,668 total
Exercise/Conversion
Restricted Stock Units
2019-02-15−4,055→ 4,055 total
→ Common Stock (4,055 underlying)
Exercise/Conversion
Restricted Stock Units
2019-02-15−4,055→ 4,055 total
→ Common Stock (4,055 underlying)
Exercise/Conversion
Restricted Stock Units
2019-02-17−1,500→ 0 total
→ Common Stock (1,500 underlying)
Exercise/Conversion
Common Stock
2019-02-14+3,000→ 3,000 total
Exercise/Conversion
Common Stock
2019-02-15+4,055→ 5,918 total
Exercise/Conversion
Restricted Stock Units
2019-02-14−3,000→ 6,000 total
→ Common Stock (3,000 underlying)
Exercise/Conversion
Restricted Stock Units
2019-02-15−2,695→ 8,084 total
→ Common Stock (2,695 underlying)

Footnotes (14)

[F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on February 14, 2017.
[F10]Each of these RSUs represents a contingent right to receive one (1) share of Issuer common stock upon settlement for no consideration.
[F11]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 14, 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.
[F12]These 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 15, 2017. 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.
[F13]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 to vest on February 15, 2019. 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 17, 2016. 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.
[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 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]Vesting of RSUs granted to the Reporting Person on February 10, 2016.
[F4]Vesting of RSUs that were earned by the Reporting Person on February 14, 2017.
[F5]Vesting of RSUs granted to the Reporting Person on February 28, 2018.
[F6]Vesting of RSUs granted to the Reporting Person on February 13, 2015.
[F7]Vesting of RSUs that were earned by the Reporting Person on February 16, 2016.
[F8]This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
[F9]Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $45.85 to $46.60 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 0001665857

Filing Metadata

Form type: 4
Filed: Feb 18, 7:00 PM ET
Accepted: Feb 19, 8:53 PM ET
Size: 32.5 KB

View on SEC.gov