SEC Form 4 · accession 0001209191-15-081342
CIMPRESS plc · CMPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott J Vassalluzzo
Director · 10% Owner · Other
Period of report
Nov 17, 2015
Accepted (ET)
Nov 19, 2015 · 5:19 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 | 1,349 | D | |
| Ordinary SharesF2 | holding | — | — | — | 72,174 | I | By Scott Vassalluzzo Family Accounts | |
| Ordinary SharesF3 | holding | — | — | — | 138,566 | I | By Prescott Investors Profit Sharing Trust |
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)F4 | $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.
- F2These shares are owned directly by investment accounts established for the benefit of certain family members of the reporting person. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose and the reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F3These shares are owned directly by the Prescott Investors Profit Sharing Trust and are beneficially owned indirectly by the reporting person as a trustee of the Trust. The reporting person disclaims beneficial ownership of these shares in excess of his pecuniary interest therein.
- F4This 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.