Florian Baumgartner - 15 May 2024 Form 4 Insider Report for CIMPRESS plc (CMPR)

Role
EVP and CEO, Vista
Signature
/s/Kathryn L. Leach, as attorney-in-fact for Florian Baumgartner
Issuer symbol
CMPR
Transactions as of
15 May 2024
Net transactions value
-$275,238
Form type
4
Filing time
15 May 2024, 17:07:56 UTC
Previous filing
01 May 2024
Next filing
03 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMPR Ordinary Shares Options Exercise $157,542 +3,410 +11% $46.20* 33,214 15 May 2024 Direct F1
transaction CMPR Ordinary Shares Sale $270,194 -3,174 -9.6% $85.13 30,040 15 May 2024 Direct F1, F2
transaction CMPR Ordinary Shares Sale $20,264 -236 -0.79% $85.87 29,804 15 May 2024 Direct F1, F3
transaction CMPR Ordinary Shares Options Exercise $0 +1,832 +6.1% $0.000000 31,636 15 May 2024 Direct F4
transaction CMPR Ordinary Shares Options Exercise $0 +1,691 +5.3% $0.000000 33,327 15 May 2024 Direct F4
transaction CMPR Ordinary Shares Tax liability $142,322 -1,673 -5% $85.07 31,654 15 May 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 Share Option (right to buy) Options Exercise $0 -3,410 -10% $0.000000 30,688 15 May 2024 Ordinary Shares 3,410 $46.20 Direct F1, F5
transaction CMPR Restricted Share Units (right to acquire) Options Exercise $0 -1,832 -25% $0.000000 5,496 15 May 2024 Ordinary Shares 1,832 $0.000000 Direct F4, F6
transaction CMPR Restricted Share Units (right to acquire) Options Exercise $0 -1,691 -10% $0.000000 15,219 15 May 2024 Ordinary Shares 1,691 $0.000000 Direct F4, F7
* 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 This transaction was 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 $84.61 and $85.609 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 $85.66 and $86.22 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 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.
F6 These RSUs vest over a four year period: 6.25% of the original number of shares vest on the Exercisable Date show in Table II and 6.25% vest per quarter thereafter.
F7 These RSUs vest over a four year period: 25% of the original number of shares vest on the Exercisable Date show in Table II and 6.25% vest per quarter thereafter.