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SAB CAPITAL MANAGEMENT LP
> SFLY
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2016 | SHUTTERFLY INC | SFLY | 0 | -1,940,480 | 0 | -82,820,000 | |
| 09/30/2014 | SHUTTERFLY INC | SFLY | 0 | -2,926,837 | 0 | -126,030,000 | |
| 06/30/2014 | SHUTTERFLY INC | SFLY | 2,926,837 | 986,357 | 126,030,000 | 43,210,000 | $43.06 |
| 03/31/2014 | SHUTTERFLY INC | SFLY | 1,940,480 | 1,940,480 | 82,820,000 | 82,820,000 | $42.68 |
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