SEC Form 4 · accession 0001117733-18-000082
CAFEPRESS INC. · PRSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fred E. Durham III
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
Nov 8, 2018
Accepted (ET)
Nov 9, 2018 · 5:08 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001117733
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 8, 2018 | U | 3,201,306 | $1.48 | D | 283,948 | D | |
| Common StockF1 | Nov 9, 2018 | A | 467,779 | $0.00 | A | 751,727 | D | |
| Common Stock | Nov 9, 2018 | D | 751,727 | $1.48 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option ISO (right to buy)F3,F2 | $5.58 | Nov 9, 2018 | D | 98,615 | D | — | Aug 3, 2019 | Common Stock | 98,615 | 0 | D |
| Stock Option NQ (right to buy)F3,F2 | $5.07 | Nov 9, 2018 | D | 27,442 | D | — | Aug 3, 2021 | Common Stock | 247,442 | 0 | D |
| Stock Option (right to buy)F3,F2 | $4.30 | Nov 9, 2018 | D | 243,000 | D | — | May 15, 2022 | Common Stock | 243,000 | 0 | D |
| Stock Option (right to buy)F3,F2 | $3.13 | Nov 9, 2018 | D | 224,000 | D | — | Mar 10, 2027 | Common Stock | 224,000 | 0 | D |
| Stock Option (right to buy)F3,F2 | $1.46 | Nov 9, 2018 | D | 122,500 | D | — | May 1, 2028 | Common Stock | 122,500 | 0 | D |
Explanation of responses
- F1Shares acquired upon the conversion of outstanding options to purchase shares of Company's common stock into RSUs on a 2-for-one basis in connection with the acquisition of CafePress by Snapfish, LLC.
- F2The option provided for the following vesting: over four years, with 1/4th of the shares subject to the option vesting on the first anniversary of the date of grant and the remaining vesting in equal monthly installments thereafter over the subsequent three years.
- F3Disposed of upon conversion of outstanding options to purchase shares of Companys common stock into RSUs on a 2-for-one basis in connection with the acquisition of CafePress by Snapfish, LLC.