SHUTTERFLY INC

CUSIP: 82568P304 Class: CMN

P2 Capital Partners, LLC's Holding History (CIK: 0001406313)

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

Q4 2017
Shares 1,556,828 Value ($000) $77,452 Avg Close — Range —
Q3 2017
Shares 1,681,828 Value ($000) $81,535 Avg Close — Range —
Q2 2017
Shares 1,681,828 Value ($000) $79,887 Avg Close — Range —
Q1 2017
Shares 1,681,828 Value ($000) $81,215 Avg Close — Range —
Q4 2016
Shares 1,681,828 Value ($000) $84,394 Avg Close — Range —
Q3 2016
Shares 1,336,828 Value ($000) $59,676 Avg Close — Range —
Q2 2016
Shares 1,336,828 Value ($000) $62,310 Avg Close — Range —
Q1 2016
Shares 1,452,928 Value ($000) $67,372 Avg Close — Range —
Q4 2015
Shares 1,452,928 Value ($000) $64,742 Avg Close — Range —
Q3 2015
Shares 908,066 Value ($000) $32,463 Avg Close — Range —
Q2 2015
Shares 712,108 Value ($000) $34,046 Avg Close — Range —