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