CIMPRESS plc — Director's Dealing 2012

Aug 17, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VISTAPRINT N.V. (VPRT)
CIK: 0001262976
Period of Report: 2012-08-15

Reporting Person: Hansen Hauke (Chief Manufacturing Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-08-15	Share Option (right to buy)	$50.00	A	30146	Acquired	2020-08-15	Ordinary Shares (30146)	Direct
2012-08-15	Restricted Share Units (right to acquire)	$0.00	A	9457	Acquired	2016-08-15	Ordinary Shares (9457)	Direct

Footnotes

F1: The option exercise price per share is $50.00, which is approximately 26% higher than the closing price of Vistaprint's ordinary shares on the NASDAQ Global Select Market on the date of grant ($39.65).

F2: The value of this share option is intended to equal approximately the total value of all traditional share options that Vistaprint would have granted to the reporting person over a four-year period in the absence of this share option grant. As a result, Vistaprint's Supervisory Board has adopted a resolution stating that Vistaprint shall not grant any additional share options to the reporting person until 2016.

F3: The 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 first anniversary of the date of grant. 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.

F4: Each restricted share unit represents Vistaprint's commitment to issue one ordinary share.

F5: These 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.