SEC Form 4 · accession 0001140361-16-054227
SHUTTERFLY INC · SFLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dan McCormick
Officer — SVP & Chief Operating Officer
Period of report
Feb 17, 2016
Accepted (ET)
Feb 19, 2016 · 9:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001125920
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 18, 2016 | S | 5,817 | $39.0559 | D | 57,750 | D | |
| Common Stock | Feb 17, 2016 | A | 11,000 | $0.00 | A | 68,750 | D | |
| Common StockF3 | Feb 18, 2016 | S | 5,817 | $39.0559 | D | 62,933 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares sold to cover taxes due upon vesting and settlement of the restricted stock unit award granted on February 13, 2015 under the Issuer's 2006 Equity Incentive Plan (the "Plan").
- F2Reflects shares vested pursuant to the performance-based restricted stock unit award granted on February 13, 2015 (the "PBRSU") under the Plan.
- F3Represents shares sold to cover taxes due upon vesting and settlement of the PBRSU.