4//SEC Filing
Meek Michael 4
Accession 0001567619-19-008908
CIK 0001125920other
Filed
Apr 16, 8:00 PM ET
Accepted
Apr 17, 6:29 PM ET
Size
9.1 KB
Accession
0001567619-19-008908
Insider Transaction Report
Form 4
SHUTTERFLY INCSFLY
Meek Michael
President & CEO, Lifetouch
Transactions
- Sale
Common Stock
2019-04-17$40.46/sh−941$38,073→ 2,140 total - Exercise/Conversion
Common Stock
2019-04-15+3,081→ 3,081 total - Exercise/Conversion
Restricted Stock Units
2019-04-15−3,081→ 9,243 total→ Common Stock (3,081 underlying)
Footnotes (4)
- [F1]Vesting of restricted stock units ("RSUs") granted to the Reporting Person on April 16, 2018.
- [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]Each of these RSUs represents a contingent right to receive one (1) share of Issuer common stock upon settlement for no consideration.
- [F4]TThe 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 April 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.
Documents
Issuer
SHUTTERFLY INC
CIK 0001125920
Entity typeother
Related Parties
1- filerCIK 0001736610
Filing Metadata
- Form type
- 4
- Filed
- Apr 16, 8:00 PM ET
- Accepted
- Apr 17, 6:29 PM ET
- Size
- 9.1 KB