SHUTTERFLY INC

CUSIP: 82568P304 Class: CMN

Ground Swell Capital, LLC's Holding History (CIK: 0001534450)

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

Q3 2014
Shares 581 Value ($000) $28 Avg Close — Range —
Q2 2014
Shares 224 Value ($000) $10 Avg Close — Range —