SHUTTERFLY INC

CUSIP: 82568P304 Class: CMN

Bayesian Capital Management, LP's Holding History (CIK: 0001632551)

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

Q3 2018

Shares 52,700 Value ($000) $3,472 Avg Close — Range —

Q2 2018

Shares 30,200 Value ($000) $2,719 Avg Close — Range —

Q1 2018

Shares 11,300 Value ($000) $918 Avg Close — Range —

Q4 2016

Shares 15,928 Value ($000) $799 Avg Close — Range —

Q2 2016

Shares 5,304 Value ($000) $247 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2018	52,700	$3,472	—	—
Q2 2018	30,200	$2,719	—	—
Q1 2018	11,300	$918	—	—
Q4 2016	15,928	$799	—	—
Q2 2016	5,304	$247	—	—