SHUTTERFLY INC

CUSIP: 82568P304 Class: CMN

STEPHENS INC /AR/'s Holding History (CIK: 0000757657)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014
Shares 119 Value ($000) $5 Avg Close — Range —
Q3 2014
Shares 86 Value ($000) $4 Avg Close — Range —
Q2 2014
Shares 86 Value ($000) $4 Avg Close — Range —
Q1 2014
Shares 90 Value ($000) $4 Avg Close — Range —
Q4 2013
Shares 90 Value ($000) $5 Avg Close — Range —
Q3 2013
Shares 100 Value ($000) $6 Avg Close — Range —
Q2 2013
Shares 165 Value ($000) $9 Avg Close — Range —