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

Role
EVP, Chief Financial Officer
Signature
/s/Kathryn L. Leach, as attorney-in-fact for Sean E. Quinn
Issuer symbol
CMPR
Transactions as of
14 Aug 2023
Net transactions value
-$1,442,656
Form type
4
Filing time
16 Aug 2023, 09:36:07 UTC
Previous filing
03 Jul 2023
Next filing
17 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMPR Ordinary Shares Sale $1,036,660 -15,011 -60% $69.06 9,991 14 Aug 2023 Direct F1
transaction CMPR Ordinary Shares Options Exercise $0 +1,490 +15% $0.000000 11,481 15 Aug 2023 Direct F2
transaction CMPR Ordinary Shares Options Exercise $0 +2,805 +24% $0.000000 14,286 15 Aug 2023 Direct F2
transaction CMPR Ordinary Shares Options Exercise $0 +9,199 +64% $0.000000 23,485 15 Aug 2023 Direct F2
transaction CMPR Ordinary Shares Tax liability $405,997 -5,699 -24% $71.24 17,786 15 Aug 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 -1,490 -50% $0.000000 1,489 15 Aug 2023 Ordinary Shares 1,490 $0.000000 Direct F2, F3
transaction CMPR Restricted Share Units (right to acquire) Options Exercise $0 -2,805 -33% $0.000000 5,609 15 Aug 2023 Ordinary Shares 2,805 $0.000000 Direct F2, F3
transaction CMPR Restricted Share Units (right to acquire) Options Exercise $0 -9,199 -25% $0.000000 27,597 15 Aug 2023 Ordinary Shares 9,199 $0.000000 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.