Florian Baumgartner - May 1, 2024 Form 4 Insider Report for CIMPRESS plc (CMPR)

Signature
/s/Kathryn L. Leach, as attorney-in-fact for Florian Baumgartner
Stock symbol
CMPR
Transactions as of
May 1, 2024
Transactions value $
-$131,727
Form type
4
Date filed
5/1/2024, 04:54 PM
Previous filing
Apr 15, 2024
Next filing
May 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMPR Ordinary Shares Options Exercise $158K +3.41K +11.44% $46.20 33.2K May 1, 2024 Direct F1
transaction CMPR Ordinary Shares Sale -$289K -3.41K -10.27% $84.83 29.8K May 1, 2024 Direct F1, F2

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 Share Option (right to buy) Options Exercise $0 -3.41K -9.09% $0.00 34.1K May 1, 2024 Ordinary Shares 3.41K $46.20 Direct F3
* 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 The transactions reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 14, 2023.
F2 The price range for sales of these shares was between $84.48 and $85.135 per share. Upon appropriate request, the reporting person will provide full information regarding the number of shares sold at each separate price.
F3 This option vests over a four year period: 25% of the original number of shares subject to the option vest on the Date Exercisable shown on Table II and 6.25% of the shares vest per quarter thereafter.