SHUTTERFLY INC

CUSIP: 82568PAB2 Class: BOND

Cutler Capital Management, LLC's Holding History (CIK: 0001353098)

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

Q4 2017
Shares 3,748,000 Value ($000) $3,729 Avg Close — Range —
Q3 2017
Shares 3,673,000 Value ($000) $3,636 Avg Close — Range —
Q2 2017
Shares 3,553,000 Value ($000) $3,542 Avg Close — Range —
Q1 2017
Shares 3,553,000 Value ($000) $3,548 Avg Close — Range —
Q4 2016
Shares 3,518,000 Value ($000) $3,559 Avg Close — Range —
Q3 2016
Shares 3,548,000 Value ($000) $3,474 Avg Close — Range —
Q2 2016
Shares 3,573,000 Value ($000) $3,539 Avg Close — Range —
Q1 2016
Shares 3,573,000 Value ($000) $3,566 Avg Close — Range —
Q4 2015
Shares 3,583,000 Value ($000) $3,453 Avg Close — Range —
Q3 2015
Shares 2,963,000 Value ($000) $2,746 Avg Close — Range —