Maarten Wensveen - Aug 15, 2023 Form 4 Insider Report for CIMPRESS plc (CMPR)

Role
EVP & Chief Technology Officer
Signature
/s/Kathryn L. Leach, as attorney-in-fact for Maarten Wensveen
Stock symbol
CMPR
Transactions as of
Aug 15, 2023
Transactions value $
-$227,042
Form type
4
Date filed
8/16/2023, 09:23 AM
Previous filing
Jul 3, 2023
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMPR Ordinary Shares Options Exercise $0 +2.34K +19.08% $0.00 14.6K Aug 15, 2023 Direct F1
transaction CMPR Ordinary Shares Options Exercise $0 +7.44K +51.01% $0.00 22K Aug 15, 2023 Direct F1
transaction CMPR Ordinary Shares Tax liability -$227K -3.19K -14.47% $71.24 18.8K Aug 15, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CMPR Restricted Share Units (right to acquire) Options Exercise $0 -2.34K -33.33% $0.00 4.67K Aug 15, 2023 Ordinary Shares 2.34K $0.00 Direct F1, F2
transaction CMPR Restricted Share Units (right to acquire) Options Exercise $0 -7.44K -25% $0.00 22.3K Aug 15, 2023 Ordinary Shares 7.44K $0.00 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares acquired represent the number of shares that automatically vested pursuant to a grant of restricted share units (RSUs). Each RSU represents Cimpress' commitment to issue one ordinary share.
F2 These RSUs vest over a four year period: 25% of the original number of shares vest one year after the date of grant and 25% vest per year thereafter.
F3 These RSUs vest over a four-year period: 25% of the original number of shares vest on the Exercisable Date shown in Table II and 6.25% vest at the end of each successive three-month period thereafter.