MENON SATISH 4
4 · SHUTTERFLY INC · Filed Jun 12, 2019
Insider Transaction Report
Form 4
SHUTTERFLY INCSFLY
MENON SATISH
SVP, Chief Technology Officer
Transactions
- Exercise/Conversion
Common Stock
2019-06-10$44.75/sh+11,942$534,405→ 11,942 total - Sale
Common Stock
2019-06-10$53.00/sh−11,942$632,926→ 0 total - Exercise/Conversion
Employee Stock Option (right to buy)
2019-06-10−11,942→ 27,863 totalExercise: $44.75Exp: 2024-02-13→ Common Stock (11,942 underlying)
Footnotes (2)
- [F1]This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- [F2]The stock option vested and became exercisable as to 1/4 of the shares subject to the option on February 14, 2018, and thereafter vests as to 1/48 of the shares in equal monthly installments until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.