Florian Baumgartner - Jul 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
Jul 1, 2024
Transactions value $
-$403,915
Form type
4
Date filed
7/2/2024, 12:48 PM
Previous filing
Jun 17, 2024
Next filing
Jul 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMPR Ordinary Shares Sale -$224K -2.6K -11.02% $86.14 21K Jul 1, 2024 Direct F1, F2
transaction CMPR Ordinary Shares Sale -$125K -1.43K -6.83% $86.87 19.6K Jul 1, 2024 Direct F1, F3
transaction CMPR Ordinary Shares Options Exercise $0 +1.33K +6.8% $0.00 20.9K Jul 1, 2024 Direct F4
transaction CMPR Ordinary Shares Tax liability -$55.4K -632 -3.03% $87.61 20.2K Jul 1, 2024 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 -1.33K -100% $0.00* 0 Jul 1, 2024 Ordinary Shares 1.33K $0.00 Direct F4, F5
* 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 transactions 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 $85.67 and $86.63 per share. Upon appropriate request, the reporting person will provide full information regarding the number of shares sold at each separate price.
F3 The price range for sales of these shares was between $86.70 and $87.34 per share. Upon appropriate request, the reporting person will provide full information regarding the number of shares sold at each separate price.
F4 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.
F5 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.