Sean E. Quinn - Aug 14, 2023 Form 4 Insider Report for CIMPRESS plc (CMPR)

Signature
/s/Kathryn L. Leach, as attorney-in-fact for Sean E. Quinn
Stock symbol
CMPR
Transactions as of
Aug 14, 2023
Transactions value $
-$1,442,656
Form type
4
Date filed
8/16/2023, 09:36 AM
Previous filing
Jul 3, 2023
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMPR Ordinary Shares Sale -$1.04M -15K -60.04% $69.06 9.99K Aug 14, 2023 Direct F1
transaction CMPR Ordinary Shares Options Exercise $0 +1.49K +14.91% $0.00 11.5K Aug 15, 2023 Direct F2
transaction CMPR Ordinary Shares Options Exercise $0 +2.81K +24.43% $0.00 14.3K Aug 15, 2023 Direct F2
transaction CMPR Ordinary Shares Options Exercise $0 +9.2K +64.39% $0.00 23.5K Aug 15, 2023 Direct F2
transaction CMPR Ordinary Shares Tax liability -$406K -5.7K -24.27% $71.24 17.8K 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 Unit (right to acquire) Options Exercise $0 -1.49K -50.02% $0.00 1.49K Aug 15, 2023 Ordinary Shares 1.49K $0.00 Direct F2, F3
transaction CMPR Restricted Share Units (right to acquire) Options Exercise $0 -2.81K -33.34% $0.00 5.61K Aug 15, 2023 Ordinary Shares 2.81K $0.00 Direct F2, F3
transaction CMPR Restricted Share Units (right to acquire) Options Exercise $0 -9.2K -25% $0.00 27.6K Aug 15, 2023 Ordinary Shares 9.2K $0.00 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a 10b5-1 plan that the reporting person entered into on May 12, 2023.
F2 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.
F3 These RSUs vest over a four year period: 25% of the original number of shares vest on the Date Exercisable in Table II and 25% vest per year thereafter.
F4 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.