Shutterfly,
Inc.
|
(Name
of Issuer)
Common
Stock
|
(Title
of Class of Securities)
82568P304
|
(CUSIP
Number)
|
December
31, 2009
|
(Date
of Event Which Requires Filing of this Statement)
|
CUSIP No.
82568P304
|
|
1.
Names of Reporting Person: Alydar Capital,
LLC
I.R.S.
Identification Nos. of above persons (entities only)
|
|
2.
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
X
(b)
o
|
|
3.
SEC Use Only
|
|
4.
Citizenship or Place of Organization: Delaware
|
|
Number
of Shares
Beneficially Owned by
Each Reporting
Person
With
|
5.
Sole Voting Power: 0
|
6.
Shared Voting Power: 532,668
|
|
7.
Sole Dispositive Power: 0
|
|
8.
Shared Dispositive Power: 532,668
|
|
9.
Aggregate Amount Beneficially Owned by Each Reporting Person.
532,668
|
|
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions).
|
|
11.
Percent of Class Represented by Amount in Row
(9) 2.07%
|
|
12.
Type of Reporting Person (See Instructions) IA
|
CUSIP No.
82568P304
|
|
1.
Names of Reporting Person: Alydar Partners,
LLC
I.R.S.
Identification Nos. of above persons (entities only)
|
|
2.
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
X
(b)
o
|
|
3.
SEC Use Only
|
|
4.
Citizenship or Place of Organization: Delaware
|
|
Number
of Shares
Beneficially Owned by
Each Reporting
Person
With
|
5.
Sole Voting Power: 0
|
6.
Shared Voting Power: 2,100,000
|
|
7.
Sole Dispositive Power: 0
|
|
8.
Shared Dispositive Power: 2,100,000
|
|
9.
Aggregate Amount Beneficially Owned by Each Reporting Person.
2,100,000
|
|
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions).
|
|
11.
Percent of Class Represented by Amount in Row
(9) 8.18%
|
|
12.
Type of Reporting Person (See Instructions) IA
|
CUSIP
No. 82568P304
|
|
1.
Names of Reporting Person John A. Murphy
I.R.S.
Identification Nos. of above persons (entities only)
|
|
2.
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
X
(b)
o
|
|
3.
SEC Use Only
|
|
4.
Citizenship or Place of Organization: United States
|
|
Number
of Shares
Beneficially
Owned
by
Each Reporting
Person
With
|
5.
Sole Voting Power: 0
|
6.
Shared Voting Power: 2,100,000
|
|
7.
Sole Dispositive Power: 0
|
|
8.
Shared Dispositive Power: 2,100,000
|
|
9.
Aggregate Amount Beneficially Owned by Each Reporting Person.
2,100,000
|
|
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions).
|
|
11.
Percent of Class Represented by Amount in Row
(9) 8.18%
|
|
12.
Type of Reporting Person (See Instructions) IN
|
CUSIP
No. 82568P304
|
|
1.
Names of Reporting Person Alydar Fund, L.P.
I.R.S.
Identification Nos. of above persons (entities only)
|
|
2.
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
X
(b)
o
|
|
3.
SEC Use Only
|
|
4.
Citizenship or Place of Organization: Delaware
|
|
Number
of Shares
Beneficially Owned by
Each Reporting
Person
With
|
5.
Sole Voting Power: 24,444
|
6.
Shared Voting Power: 0
|
|
7.
Sole Dispositive Power: 24,444
|
|
8.
Shared Dispositive Power: 0
|
|
9.
Aggregate Amount Beneficially Owned by Each Reporting Person.
24,444
|
|
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions).
|
|
11.
Percent of Class Represented by Amount in Row
(9) 0.10%
|
|
12.
Type of Reporting Person (See Instructions) PN
|
CUSIP
No. 82568P304
|
|
1.
Names of Reporting Person Alydar QP Fund, L.P.
I.R.S.
Identification Nos. of above persons (entities only)
|
|
2.
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
X
(b)
o
|
|
3.
SEC Use Only
|
|
4.
Citizenship or Place of Organization: Delaware
|
|
Number
of Shares
Beneficially Owned by
Each Reporting
Person
With
|
5.
Sole Voting Power: 278,053
|
6.
Shared Voting Power: 0
|
|
7.
Sole Dispositive Power: 278,053
|
|
8.
Shared Dispositive Power: 0
|
|
9.
Aggregate Amount Beneficially Owned by Each Reporting Person.
278,053
|
|
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions).
|
|
11.
Percent of Class Represented by Amount in Row
(9) 1.08%
|
|
12.
Type of Reporting Person (See Instructions) PN
|
CUSIP
No. 82568P304
|
|
1.
Names of Reporting Person Alysheba Fund, L.P.
I.R.S.
Identification Nos. of above persons (entities only)
|
|
2.
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
X
(b)
o
|
|
3.
SEC Use Only
|
|
4.
Citizenship or Place of Organization: Delaware
|
|
Number
of Shares
Beneficially Owned by
Each Reporting
Person
With
|
5.
Sole Voting Power: 6,824
|
6.
Shared Voting Power: 0
|
|
7.
Sole Dispositive Power: 6,824
|
|
8.
Shared Dispositive Power: 0
|
|
9.
Aggregate Amount Beneficially Owned by Each Reporting Person.
6,824
|
|
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions).
|
|
11.
Percent of Class Represented by Amount in Row
(9) 0.03%
|
|
12.
Type of Reporting Person (See Instructions) PN
|
CUSIP
No. 82568P304
|
|
1.
Names of Reporting Person Alysheba QP Fund, L.P.
I.R.S.
Identification Nos. of above persons (entities only)
|
|
2.
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
X
(b)
o
|
|
3.
SEC Use Only
|
|
4.
Citizenship or Place of Organization: Delaware
|
|
Number
of Shares
Beneficially Owned by
Each Reporting
Person
With
|
5.
Sole Voting Power: 169,915
|
6.
Shared Voting Power: 0
|
|
7.
Sole Dispositive Power: 169,915
|
|
8.
Shared Dispositive Power: 0
|
|
9.
Aggregate Amount Beneficially Owned by Each Reporting Person.
169,915
|
|
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions).
|
|
11.
Percent of Class Represented by Amount in Row
(9) 0.66%
|
|
12.
Type of Reporting Person (See Instructions) PN
|
CUSIP
No. 82568P304
|
|
1.
Names of Reporting Person Alysun Fund, L.P.
I.R.S.
Identification Nos. of above persons (entities only)
|
|
2.
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
X
(b)
o
|
|
3.
SEC Use Only
|
|
4.
Citizenship or Place of Organization: Delaware
|
|
Number
of Shares
Beneficially Owned by
Each Reporting
Person
With
|
5.
Sole Voting Power: 7,877
|
6.
Shared Voting Power: 0
|
|
7.
Sole Dispositive Power: 7,877
|
|
8.
Shared Dispositive Power: 0
|
|
9.
Aggregate Amount Beneficially Owned by Each Reporting Person.
7,877
|
|
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions).
|
|
11.
Percent of Class Represented by Amount in Row
(9) 0.03%
|
|
12.
Type of Reporting Person (See Instructions) PN
|
CUSIP
No. 82568P304
|
|
1.
Names of Reporting Person Alysun QP Fund, L.P.
I.R.S.
Identification Nos. of above persons (entities only)
|
|
2.
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
X
(b)
o
|
|
3.
SEC Use Only
|
|
4.
Citizenship or Place of Organization: Delaware
|
|
Number
of Shares
Beneficially Owned by
Each Reporting
Person
With
|
5.
Sole Voting Power: 45,555
|
6.
Shared Voting Power: 0
|
|
7.
Sole Dispositive Power: 45,555
|
|
8.
Shared Dispositive Power: 0
|
|
9.
Aggregate Amount Beneficially Owned by Each Reporting Person.
45,555
|
|
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions).
|
|
11.
Percent of Class Represented by Amount in Row
(9) 0.18%
|
|
12.
Type of Reporting Person (See Instructions) PN
|
CUSIP
No. 82568P304
|
|
1.
Names of Reporting Person Alydar Fund Limited
I.R.S.
Identification Nos. of above persons (entities only)
|
|
2.
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
X
(b)
o
|
|
3.
SEC Use Only
|
|
4.
Citizenship or Place of Organization: Cayman Islands
|
|
Number
of Shares
Beneficially Owned by
Each Reporting
Person With |
5.
Sole Voting Power: 897,503
|
6.
Shared Voting Power: 0
|
|
7.
Sole Dispositive Power: 897,503
|
|
8.
Shared Dispositive Power: 0
|
|
9.
Aggregate Amount Beneficially Owned by Each Reporting Person.
897,503
|
|
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions).
|
|
11.
Percent of Class Represented by Amount in Row
(9) 3.50%
|
|
12.
Type of Reporting Person (See Instructions) OO
|
CUSIP
No. 82568P304
|
|
1.
Names of Reporting Person: Alysheba Fund Limited
I.R.S.
Identification Nos. of above persons (entities only)
|
|
2.
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
X
(b)
o
|
|
3.
SEC Use Only
|
|
4.
Citizenship or Place of Organization: Cayman Islands
|
|
Number
of Shares
Beneficially Owned by
Each Reporting
Person With |
5.
Sole Voting Power: 643,261
|
6.
Shared Voting Power: 0
|
|
7.
Sole Dispositive Power: 643,261
|
|
8.
Shared Dispositive Power: 0
|
|
9.
Aggregate Amount Beneficially Owned by Each Reporting Person.
643,261
|
|
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions).
|
|
11.
Percent of Class Represented by Amount in Row
(9) 2.51%
|
|
12.
Type of Reporting Person (See Instructions) OO
|
CUSIP
No. 82568P304
|
|
1.
Names of Reporting Person: Alysun Fund Limited
I.R.S.
Identification Nos. of above persons (entities only)
|
|
2.
Check the Appropriate Box if a Member of a Group (See
Instructions)
(a)
X
(b)
o
|
|
3.
SEC Use Only
|
|
4.
Citizenship or Place of Organization: Cayman Islands
|
|
Number
of Shares
Beneficially Owned by
Each Reporting
Person
With
|
5.
Sole Voting Power: 26,568
|
6.
Shared Voting Power: 0
|
|
7.
Sole Dispositive Power: 26,568
|
|
8.
Shared Dispositive Power: 0
|
|
9.
Aggregate Amount Beneficially Owned by Each Reporting Person.
26,568
|
|
10.
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions).
|
|
11.
Percent of Class Represented by Amount in Row
(9) 0.10%
|
|
12.
Type of Reporting Person (See Instructions) OO
|