4//SEC Filing
CIMPRESS N.V. 4
Accession 0001209191-16-137466
$CMPRCIK 0001262976operating
Filed
Aug 16, 8:00 PM ET
Accepted
Aug 17, 3:12 PM ET
Size
6.6 KB
Accession
0001209191-16-137466
Insider Transaction Report
Form 4
CIMPRESS N.V.CMPR
Nelson Donald R
Chief Information Officer
Transactions
- Award
Performance Share Units
2016-08-15+25,921→ 25,921 totalExercise: $69.44Exp: 2026-08-15→ Ordinary Shares (25,921 underlying)
Footnotes (2)
- [F1]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.
- [F2]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.
Documents
Issuer
CIMPRESS N.V.
CIK 0001262976
Entity typeoperating
IncorporatedIreland
Related Parties
1- filerCIK 0001262976
Filing Metadata
- Form type
- 4
- Filed
- Aug 16, 8:00 PM ET
- Accepted
- Aug 17, 3:12 PM ET
- Size
- 6.6 KB