SEC Form 4/A · accession 0001567619-18-005042
SHUTTERFLY INC · SFLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Ishantha Lokuge
Officer — SVP and Chief Product Officer
Period of report
Oct 18, 2018
Accepted (ET)
Nov 2, 2018 · 7:33 pm EDT
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 Stock | Oct 18, 2018 | M | 2,500 | $0.00 | A | 6,260 | D | |
| Common StockF3 | Oct 18, 2018 | S | 1,247 | $61.55 | D | 5,013 | D | |
| Common StockF5 | Oct 19, 2018 | S | 3,760 | $61.2976 | D | 1,253 | D | |
| Common StockF6 | Oct 22, 2018 | S | 1,253 | $61.4095 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Vesting of restricted stock units ("RSUs") granted to the Reporting Person on October 18, 2016.
- F2Represents the aggregate number of shares of the Issuer's common stock automatically sold by the Reporting Person to cover taxes due upon the release and settlement of the RSU's. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this row for any reason other than to cover required taxes.
- F3As the result of a broker administrative error, the number of shares that were automatically sold on October 18, 2018 to cover taxes due upon the release and settlement of the RSU's was under-reported in the Form 4 that was filed by the Reporting Person with the U.S. Securities and Exchange Commission on October 22, 2018. This amendment corrects such error and subsequent transactions that were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan.
- F4This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- F5Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $60.89 to $61.88 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.
- F6Represents a weighted average sales price per share. These shares were sold in multiple transactions at prices ranging from $61.01 to $61.55 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.