Filing Details

Accession Number:
0001209191-16-137462
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-17 15:09:59
Reporting Period:
2016-08-15
Filing Date:
2016-08-17
Accepted Time:
2016-08-17 15:09:59
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1262976 Cimpress N.v. CMPR Commercial Printing (2750) 980417483
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1505740 Katryn Blake C/O Cimpress
275 Wyman Street
Waltham MA 02451
Pres, Vistaprint Business Unit No Yes No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares Disposition 2016-08-16 777 $97.23 12,484 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Ordinary Shares Performance Share Units Acquisiton 2016-08-15 28,801 $0.00 28,801 $69.44
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
28,801 2026-08-15 No 4 A Direct
Footnotes
  1. These transactions were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on March 16, 2016.
  2. This dollar amount is the three-year moving average daily price per share of Cimpress' ordinary shares ("3YMA") on the date of grant, which is the baseline against which the compound annual growth rate ("CAGR") of the 3YMA will be measured.
  3. Each performance share unit (PSU) represents a right to receive between 0 and 2.5 Cimpress ordinary shares upon the satisfaction of both (A) service-based vesting and (B) performance conditions relating to the CAGR of the 3YMA. The service-based vesting condition is that 25% of the original number of PSUs vest on each June 30 of 2017 through 2020 so long as the reporting person continues to be an eligible participant under Cimpress' 2016 Performance Incentive Plan on such vesting date. If the 3YMA CAGR equals or exceeds (i) 11% on any of the sixth through ninth anniversaries of the grant date or (ii) 7% on the tenth anniversary of the grant date, then the reporting person is entitled to receive a distribution of up to 2.5 Cimpress ordinary shares for each vested PSU on a sliding scale based on the actual CAGR performance.