Sean E. Quinn - Sep 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
Sep 14, 2023
Transactions value $
-$922,646
Form type
4
Date filed
9/18/2023, 12:39 PM
Previous filing
Aug 17, 2023
Next filing
Sep 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMPR Ordinary Shares Sale -$530K -7.8K -52.83% $68.00 6.96K Sep 14, 2023 Direct F1
transaction CMPR Ordinary Shares Options Exercise $0 +11.6K +166.96% $0.00 18.6K Sep 15, 2023 Direct F2
transaction CMPR Ordinary Shares Tax liability -$393K -5.62K -30.24% $69.88 13K Sep 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 -11.6K -100% $0.00* 0 Sep 15, 2023 Ordinary Shares 11.6K $0.00 Direct F2
* 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 an award of restricted share units (RSUs). Each RSU represents Cimpress' commitment to issue one ordinary share.