SEC Form 4 · accession 0001117733-17-000028
CAFEPRESS INC. · PRSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip Milliner
Officer — CFO
Period of report
Mar 10, 2017
Accepted (ET)
Mar 14, 2017 · 4:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001117733
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $3.13 | Mar 10, 2017 | A | 82,000 | A | — | Mar 10, 2027 | Common Stock | 82,000 | 82,000 | D |
| Restricted Stock UnitsF2 | $3.13 | Mar 10, 2017 | A | 44,000 | A | — | — | Common Stock | 44,000 | 44,000 | D |
Explanation of responses
- F1This option vests monthly over four years beginning on the Vesting Commencement Date, and with respect to an additional 1/48th of the Shares when the Optionee completes each full month of continuous Service thereafter.
- F2The RSUs vest quarterly in equal installments of 1/16th over four years beginning on the Vesting Commencement Date, when the individual completes each full quarter of continuous service thereafter. For avoidance of doubt, quarterly vesting shall occur on March 31, June 30, September 30, and December 31 of 2017, 2018, 2019, and 2020, respectively.