4//SEC Filing
GAVIN JOHN J JR 4
Accession 0001262976-19-000105
CIK 0001262976other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 11:42 AM ET
Size
6.3 KB
Accession
0001262976-19-000105
Insider Transaction Report
Form 4
CIMPRESS N.V.CMPR
GAVIN JOHN J JR
Director
Transactions
- Award
Performance Share Units
2019-11-15+1,119→ 1,119 totalExercise: $111.70Exp: 2029-11-21→ Ordinary Shares (1,119 underlying)
Footnotes (2)
- [F1]This dollar amount is the three-year moving average of the daily closing share price 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 of these performance share units (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 November 21 of 2020 through 2023 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 11% on any of the sixth through tenth anniversaries 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 typeother
Related Parties
1- filerCIK 0001191030
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 11:42 AM ET
- Size
- 6.3 KB