0001140361-17-008026.txt : 20170216
0001140361-17-008026.hdr.sgml : 20170216
20170216215024
ACCESSION NUMBER: 0001140361-17-008026
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170214
FILED AS OF DATE: 20170216
DATE AS OF CHANGE: 20170216
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SHUTTERFLY INC
CENTRAL INDEX KEY: 0001125920
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PHOTOFINISHING LABORATORIES [7384]
IRS NUMBER: 943330068
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2800 BRIDGE PARKWAY
CITY: REDWOOD CITY
STATE: CA
ZIP: 94065
BUSINESS PHONE: 650-610-5200
MAIL ADDRESS:
STREET 1: 2800 BRIDGE PARKWAY
CITY: REDWOOD CITY
STATE: CA
ZIP: 94065
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BORIS JOHN
CENTRAL INDEX KEY: 0001548888
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33031
FILM NUMBER: 17619626
MAIL ADDRESS:
STREET 1: C/O SHUTTERFLY, INC.
STREET 2: 2800 BRIDGE PARKWAY
CITY: REDWOOD CITY
STATE: CA
ZIP: 94065
4
1
doc1.xml
FORM 4
X0306
4
2017-02-14
0
0001125920
SHUTTERFLY INC
SFLY
0001548888
BORIS JOHN
C/O SHUTTERFLY, INC.
2800 BRIDGE PARKWAY
REDWOOD CITY
CA
94065
0
1
0
0
SVP, Chief Marketing Officer
Common Stock
2017-02-15
4
M
0
6542
0
A
33646
D
Common Stock
2017-02-15
4
M
0
6541
0
A
40187
D
Common Stock
2017-02-16
4
S
0
5067
47.3539
D
35120
D
Employee Stock Option (right to buy)
44.75
2017-02-14
4
A
0
41899
0
A
2024-02-13
Common Stock
41899
41899
D
Restricted Stock Units
2017-02-14
4
A
0
26164
0
A
Common Stock
26164
26164
D
Restricted Stock Units
2017-02-15
4
M
0
6541
0
D
Common Stock
6541
19623
D
Restricted Stock Units
2017-02-15
4
M
0
6542
0
D
Common Stock
6542
19623
D
Vesting of restricted stock units ("RSUs") granted to the Reporting Person on February 10, 2016.
Vesting of RSUs that were earned by the Reporting Person on February 14, 2017.
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 the RSU's. 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.
Each of these RSUs represents a contingent right to receive one (1) share of Issuer common stock under the Issuer's 2015 Equity Incentive Plan.
The stock option vests and becomes exercisable as to 1/4th of the shares subject to the option on February 14, 2018, and thereafter vests as to 1/48th 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.
These RSUs represent performance-based RSUs previously awarded to the Reporting Person that were earned upon the satisfaction of certain performance criteria on February 14, 2017.
These RSUs vest in 4 equal annual installments, subject to the Reporting Person's continuous service to the Issuer through each such vesting date. The first installment vested on February 15, 2017. 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.
/s/ Ray Amanquah, Attorney-in-Fact
2017-02-16