MENON SATISH (SVP, Chief Technology Officer) sold 70.5% of their position (21.84K shares) of SHUTTERFLY INC on the open market

Open‑market sale worth $1.01M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 4 sales

MENON SATISH

Filed: 2/19/2019ACC: 0001567619-19-004944

InsiderMENON SATISHCIK 1622485

→

IssuerSHUTTERFLY INCCIK 1125920

Officer· SVP, Chief Technology Officer

Since Aug 2018

-21.84K

Net shares

Net seller

$1.01M

Total sold

Open market trades

0B · 4S

Total transactions

30.97K acquired · 52.81K disposed

Non-Derivative Transactions9

Common Stock

Direct

M · Option Exercise

+4.75K

Price / share

—

Trade value

—

% of position

New position

2/14/2019

0.00→4.75K

Common Stock

Direct

M · Option Exercise

+10K

Price / share

—

Trade value

—

% of position

210.5%

2/14/2019

4.75K→14.75K

Common Stock

Direct

S · Sale

−5.22K

Price / share

$45.93

Trade value

$239.57K

% of position

35.4%

2/15/2019

14.75K→9.53K

Common Stock

Direct

M · Option Exercise

+6.21K

Price / share

—

Trade value

—

% of position

65.2%

2/15/2019

9.53K→15.75K

Common Stock

Direct

M · Option Exercise

+6.21K

Price / share

—

Trade value

—

% of position

39.5%

2/15/2019

15.75K→21.96K

Common Stock

Direct

M · Option Exercise

+3.79K

Price / share

—

Trade value

—

% of position

17.3%

2/15/2019

21.96K→25.75K

Common Stock

Direct

S · Sale

−7.08K

Price / share

$46.36

Trade value

$328.48K

% of position

27.5%

2/19/2019

25.75K→18.67K

Common Stock

Direct

S · Sale

−8.80K

Price / share

$46.25

Trade value

$406.90K

% of position

47.1%

2/19/2019

18.67K→9.87K

Common Stock

Direct

S · Sale

−736.00

Price / share

$46.73

Trade value

$34.39K

% of position

7.5%

2/19/2019

9.87K→9.14K

Total

Net shares

+9.14K

Net value

-$1.01M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/14/2019	M · Option Exercise	+4.75K	—	—	New position	0.00	4.75K
Common Stock Direct	2/14/2019	M · Option Exercise	+10K	—	—	210.5%	4.75K	14.75K
Common Stock Direct	2/15/2019	S · Sale	−5.22K	$45.93	$239.57K	35.4%	14.75K	9.53K
Common Stock Direct	2/15/2019	M · Option Exercise	+6.21K	—	—	65.2%	9.53K	15.75K
Common Stock Direct	2/15/2019	M · Option Exercise	+6.21K	—	—	39.5%	15.75K	21.96K
Common Stock Direct	2/15/2019	M · Option Exercise	+3.79K	—	—	17.3%	21.96K	25.75K
Common Stock Direct	2/19/2019	S · Sale	−7.08K	$46.36	$328.48K	27.5%	25.75K	18.67K
Common Stock Direct	2/19/2019	S · Sale	−8.80K	$46.25	$406.90K	47.1%	18.67K	9.87K
Common Stock Direct	2/19/2019	S · Sale	−736.00	$46.73	$34.39K	7.5%	9.87K	9.14K
Total			+9.14K		-$1.01M

Derivative Transactions5

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

4.75K shares

−4.75K

Strike price

Held after

9.50K

Exercisable

—

2/14/2019

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

10K shares

−10K

Strike price

Held after

0.00

Exercisable

—

2/14/2019

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

6.21K shares

−6.21K

Strike price

Held after

6.21K

Exercisable

—

2/15/2019

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

6.21K shares

−6.21K

Strike price

Held after

6.21K

Exercisable

—

2/15/2019

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

3.79K shares

−3.79K

Strike price

Held after

11.38K

Exercisable

—

2/15/2019

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock4.75K shares	2/14/2019	M · Option Exercise	−4.75K	—	9.50K
Restricted Stock Units Direct	Common Stock10K shares	2/14/2019	M · Option Exercise	−10K	—	0.00
Restricted Stock Units Direct	Common Stock6.21K shares	2/15/2019	M · Option Exercise	−6.21K	—	6.21K
Restricted Stock Units Direct	Common Stock6.21K shares	2/15/2019	M · Option Exercise	−6.21K	—	6.21K
Restricted Stock Units Direct	Common Stock3.79K shares	2/15/2019	M · Option Exercise	−3.79K	—	11.38K