SEC Form 4 · accession 0001209191-15-078645
CIMPRESS plc · CMPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ernst Teunissen
Other
Period of report
Nov 4, 2015
Accepted (ET)
Nov 5, 2015 · 1:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001262976
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Nov 4, 2015 | M | 1,450 | $0.00 | A | 32,551 | D | |
| Ordinary Shares | Nov 4, 2015 | F | 683 | $81.18 | D | 31,868 | D | |
| Ordinary Shares | Nov 4, 2015 | M | 10,565 | $50.00 | A | 42,433 | D | |
| Ordinary SharesF3 | Nov 4, 2015 | S | 10,465 | $80.15 | D | 31,968 | D | |
| Ordinary Shares | Nov 4, 2015 | S | 100 | $81.06 | D | 31,868 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share Units (right to acquire)F1,F4 | $0.00 | Nov 4, 2015 | M | 1,450 | D | May 4, 2013 | May 4, 2016 | Ordinary Shares | 1,450 | 0 | D |
| Stock Option (right to buy)F5 | $50.00 | Nov 4, 2015 | M | 10,565 | D | May 4, 2013 | May 4, 2020 | Ordinary Shares | 10,565 | 0 | D |
Explanation of responses
- F1The shares acquired represent the number of shares that automatically vested pursuant to a grant of restricted share units. Each restricted share unit represents Cimpress' commitment to issue one ordinary share.
- F2This transaction was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on February 4, 2015.
- F3The price range for sales of these shares was between $80.00 and $80.94 per share. Upon appropriate request, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F4These restricted share units vest over a four year period: 25% of the original number of shares vest one year after the date of grant and 6.25% vest per quarter thereafter.
- F5The share option vests over a seven-year period from the date of grant, as follows: 6.25% of the original number of ordinary shares subject to the share option vests on the date set forth in column 6. The remaining ordinary shares vest on a quarterly basis over the subsequent six years in tranches ranging from 1.56% to 10.94% of the original number of ordinary shares subject to the option.