SEC Form 4 · accession 0001209191-18-010701
CIMPRESS plc · CMPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald LeBlanc
Officer — EVP, President Corp Solutions
Period of report
Feb 15, 2018
Accepted (ET)
Feb 16, 2018 · 1:10 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 | Feb 15, 2018 | M | 495 | $0.00 | A | 23,047 | D | |
| Ordinary SharesF1 | Feb 15, 2018 | M | 346 | $0.00 | A | 23,393 | D | |
| Ordinary Shares | Feb 15, 2018 | F | 261 | $157.61 | D | 23,132 | D | |
| Ordinary Shares | Feb 15, 2018 | M | 1,500 | $50.00 | A | 24,632 | D | |
| Ordinary Shares | Feb 15, 2018 | S | 1,500 | $157.5318 | D | 23,132 | 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,F2 | $0.00 | Feb 15, 2018 | M | 495 | D | Aug 15, 2015 | Aug 15, 2018 | Ordinary Shares | 495 | 992 | D |
| Restricted Share Units (right to acquire)F1,F2 | $0.00 | Feb 15, 2018 | M | 346 | D | Aug 15, 2016 | Aug 15, 2019 | Ordinary Shares | 346 | 2,075 | D |
| Share Option (right to buy)F3 | $50.00 | Feb 15, 2018 | M | 1,500 | D | May 4, 2013 | May 4, 2020 | Ordinary Shares | 1,500 | 3,735 | D |
Explanation of responses
- F1The shares acquired represent the number of shares that automatically vested pursuant to a grant of restricted share units (RSUs). Each RSU represents Cimpress' commitment to issue one ordinary share.
- F2These RSUs vest over a four year period: 25% of the original number of shares vest on the Exercisable Date shown in Table II and 6.25% vest per quarter thereafter.
- F3This 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 Exercisable Date shown in Table II. 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.