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

Signature
/s/Kathryn L. Leach, as attorney-in-fact for Sean E. Quinn
Issuer symbol
CMPR
Transactions as of
14 Sep 2023
Net transactions value
-$922,646
Form type
4
Filing time
18 Sep 2023, 12:39:01 UTC
Previous filing
17 Aug 2023
Next filing
22 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMPR Ordinary Shares Sale $530,060 -7,795 -53% $68.00 6,959 14 Sep 2023 Direct F1
transaction CMPR Ordinary Shares Options Exercise $0 +11,619 +167% $0.000000 18,578 15 Sep 2023 Direct F2
transaction CMPR Ordinary Shares Tax liability $392,586 -5,618 -30% $69.88 12,960 15 Sep 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 -11,619 -100% $0.000000* 0 15 Sep 2023 Ordinary Shares 11,619 $0.000000 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.