SEC Form 4 · accession 0001140361-17-009238
SHUTTERFLY INC · SFLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Boris
Officer — SVP, Chief Marketing Officer
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 7:39 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 22, 2017 | S | 3,174 | $47.2274 | D | 35,895 | D | |
| Common StockF3 | Feb 22, 2017 | S | 5,949 | $47.2217 | D | 29,946 | D | |
| Common StockF4 | Feb 23, 2017 | S | 2,826 | $46.8237 | D | 27,120 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 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 RSU's.
- F2This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F3Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $46.70 to $47.45 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.
- F4Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $46.62 to $46.98 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.