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CIMPRESS plc — Director's Dealing 2016
Jun 1, 2016
31904_dirs_2016-06-01_fed2d52b-434a-410e-a56c-ffa313abe872.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CIMPRESS N.V. (CMPR)
CIK: 0001262976
Period of Report: 2016-05-27
Reporting Person: BLAKE KATRYN (Pres, Vistaprint Business Unit, Member of Management Board)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-05-27 | Ordinary Shares | M | 1039 | $54.02 | Acquired | 14549 | Direct |
| 2016-05-27 | Ordinary Shares | M | 16270 | $50.00 | Acquired | 30819 | Direct |
| 2016-05-27 | Ordinary Shares | S | 17309 | $100.00 | Disposed | 13510 | Direct |
| 2016-05-31 | Ordinary Shares | M | 1367 | $0.00 | Acquired | 14877 | Direct |
| 2016-05-31 | Ordinary Shares | F | 644 | $100.01 | Disposed | 14233 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-05-27 | Share Option (right to buy) | $54.02 | M | 1039 | Disposed | 2021-05-05 | Ordinary Shares (1039) | Direct |
| 2016-05-27 | Share Option (right to buy) | $50.00 | M | 16270 | Disposed | 2020-05-04 | Ordinary Shares (16270) | Direct |
| 2016-05-31 | Restricted Share Units (right to acquire) | $0.00 | M | 1367 | Disposed | 2017-05-31 | Ordinary Shares (1367) | Direct |
Footnotes
F1: These transactions were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on March 16, 2016.
F2: The shares acquired represent the number of shares that automatically vested pursuant to a grant of Restricted Share Units.
F3: Each RSU represents Cimpress' commitment to issue one ordinary share when the RSU vests.
F4: This share option vests over a four-year period: On the first anniversary of the grant date, 25% of the number of shares originally granted vest, and 6.25% of the original number of shares vest per quarter thereafter.
F5: The option exercise price per share is $50.00, which is approximately 33% higher than the closing price of Cimpress' ordinary shares on the NASDAQ Global Select Market on the date of grant ($37.70).
F6: 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 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.
F7: These 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.