Form 4: Cimpress CFO Sean Quinn Reports Share Transactions Following Vesting of Restricted and Performance Share Units
SEC Form 4 Filing
Sean Edward Quinn, EVP and CFO of Cimpress plc, reports the acquisition and disposal of ordinary shares following the vesting of restricted stock units (RSUs) and performance share units on August 15, 2024.
Summary
- On August 15, 2024, Sean Edward Quinn, the EVP and CFO of Cimpress plc, reported transactions involving Cimpress' ordinary shares.
- These transactions include the acquisition of shares through the vesting of restricted stock units (RSUs) and performance share units.
- Specifically, 1,489 shares vested from RSUs granted on August 15, 2021, 2,805 shares vested from RSUs granted on August 15, 2022, and 2,300 shares vested from RSUs granted on August 15, 2023.
- Additionally, 18,284 shares vested from performance share units.
- Following these acquisitions, Mr. Quinn disposed of 12,031 shares at a price of $85.05 per share.
- After these transactions, Mr. Quinn directly owns 24,093 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing routine transactions related to executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and does not necessarily reflect a significant event for the company or the industry.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 08/15/2021 | Date of grant for 1,489 Restricted Share Units (RSUs) that vest over four years. |
| 08/15/2022 | Date of grant for 2,805 Restricted Share Units (RSUs) that vest over four years. |
| 08/15/2023 | Date of grant for 2,300 Restricted Share Units (RSUs) that vest over four years. |
| 08/15/2024 | Date of transaction: vesting of RSUs and performance share units, and disposal of shares. |
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