SHUTTERFLY INC

CUSIP: 82568P304 Class: CMN

WESTERLY CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001546172)

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

Q1 2015
Shares 16,706 Value ($000) $756 Avg Close — Range —
Q4 2014
Shares 25,000 Value ($000) $1,042 Avg Close — Range —