LOKUGE ISHANTHA (SVP and Chief Product Officer) sold 46.6% of their position (7.84K shares) of SHUTTERFLY INC on the open market

Open‑market sale worth $362.7K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

LOKUGE ISHANTHA

Filed: 2/19/2019ACC: 0001567619-19-004943

InsiderLOKUGE ISHANTHACIK 1665857

→

IssuerSHUTTERFLY INCCIK 1125920

Officer· SVP and Chief Product Officer

Since Sep 2018

-7.84K

Net shares

Net seller

$362.7K

Total sold

Open market trades

0B · 3S

Total transactions

16.80K acquired · 24.64K disposed

Non-Derivative Transactions9

Common Stock

Direct

M · Option Exercise

+3K

Price / share

—

Trade value

—

% of position

New position

2/14/2019

0.00→3K

Common Stock

Direct

S · Sale

−1.14K

Price / share

$45.93

Trade value

$52.22K

% of position

37.9%

2/15/2019

3K→1.86K

Common Stock

Direct

M · Option Exercise

+4.05K

Price / share

—

Trade value

—

% of position

217.7%

2/15/2019

1.86K→5.92K

Common Stock

Direct

M · Option Exercise

+4.05K

Price / share

—

Trade value

—

% of position

68.5%

2/15/2019

5.92K→9.97K

Common Stock

Direct

M · Option Exercise

+2.69K

Price / share

—

Trade value

—

% of position

27.0%

2/15/2019

9.97K→12.67K

Common Stock

Direct

M · Option Exercise

+1.50K

Price / share

—

Trade value

—

% of position

11.8%

2/17/2019

12.67K→14.17K

Common Stock

Direct

M · Option Exercise

+1.50K

Price / share

—

Trade value

—

% of position

10.6%

2/17/2019

14.17K→15.67K

Common Stock

Direct

S · Sale

−4.84K

Price / share

$46.36

Trade value

$224.25K

% of position

30.9%

2/19/2019

15.67K→10.83K

Common Stock

Direct

S · Sale

−1.86K

Price / share

$46.27

Trade value

$86.20K

% of position

17.2%

2/19/2019

10.83K→8.97K

Total

Net shares

+8.97K

Net value

-$362.68K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/14/2019	M · Option Exercise	+3K	—	—	New position	0.00	3K
Common Stock Direct	2/15/2019	S · Sale	−1.14K	$45.93	$52.22K	37.9%	3K	1.86K
Common Stock Direct	2/15/2019	M · Option Exercise	+4.05K	—	—	217.7%	1.86K	5.92K
Common Stock Direct	2/15/2019	M · Option Exercise	+4.05K	—	—	68.5%	5.92K	9.97K
Common Stock Direct	2/15/2019	M · Option Exercise	+2.69K	—	—	27.0%	9.97K	12.67K
Common Stock Direct	2/17/2019	M · Option Exercise	+1.50K	—	—	11.8%	12.67K	14.17K
Common Stock Direct	2/17/2019	M · Option Exercise	+1.50K	—	—	10.6%	14.17K	15.67K
Common Stock Direct	2/19/2019	S · Sale	−4.84K	$46.36	$224.25K	30.9%	15.67K	10.83K
Common Stock Direct	2/19/2019	S · Sale	−1.86K	$46.27	$86.20K	17.2%	10.83K	8.97K
Total			+8.97K		-$362.68K

Derivative Transactions6

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

3K shares

−3K

Strike price

Held after

Exercisable

—

2/14/2019

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

4.05K shares

−4.05K

Strike price

Held after

4.05K

Exercisable

—

2/15/2019

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

4.05K shares

−4.05K

Strike price

Held after

4.05K

Exercisable

—

2/15/2019

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

2.69K shares

−2.69K

Strike price

Held after

8.08K

Exercisable

—

2/15/2019

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.50K shares

−1.50K

Strike price

Held after

0.00

Exercisable

—

2/17/2019

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

1.50K shares

−1.50K

Strike price

Held after

0.00

Exercisable

—

2/17/2019

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock3K shares	2/14/2019	M · Option Exercise	−3K	—	6K
Restricted Stock Units Direct	Common Stock4.05K shares	2/15/2019	M · Option Exercise	−4.05K	—	4.05K
Restricted Stock Units Direct	Common Stock4.05K shares	2/15/2019	M · Option Exercise	−4.05K	—	4.05K
Restricted Stock Units Direct	Common Stock2.69K shares	2/15/2019	M · Option Exercise	−2.69K	—	8.08K
Restricted Stock Units Direct	Common Stock1.50K shares	2/17/2019	M · Option Exercise	−1.50K	—	0.00
Restricted Stock Units Direct	Common Stock1.50K shares	2/17/2019	M · Option Exercise	−1.50K	—	0.00