SEC Form 4 · accession 0001209191-15-081325
CIMPRESS plc · CMPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paolo de Cesare
Director
Period of report
Nov 17, 2015
Accepted (ET)
Nov 19, 2015 · 5:04 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 17, 2015 | A | 1,349 | $0.00 | A | 9,554 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Option (right to buy)F2 | $81.52 | Nov 17, 2015 | A | 1,309 | A | Feb 17, 2016 | Nov 17, 2025 | Ordinary Shares | 1,309 | 1,309 | D |
Explanation of responses
- F1The reporting person does not directly own these shares at this time. These shares are restricted share units ("RSUs"); each RSU represents Cimpress' commitment to issue one ordinary share when the RSU vests. These RSUs vest at a rate of 12.5% of the original number of RSUs each successive three-month period following the grant date until the second anniversary of the grant date.
- F2This option vests at a rate of 8.33% of the original number of ordinary shares subject to the option each successive three-month period following the grant date until the third anniversary of the grant date.