CMPR.NASDAQCimpress PLC

Form 4: Cimpress EVP Maarten Wensveen Reports Share Transactions

Sentiment:

SEC Form 4 Filing

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Maarten Wensveen, EVP & Chief Technology Officer of Cimpress plc, reports the vesting and acquisition of ordinary shares and derivative securities.

Summary

  • On August 15, 2024, Maarten Wensveen, EVP & Chief Technology Officer of Cimpress plc, reported transactions involving Cimpress ordinary shares.
  • These transactions include the vesting of 2,337 shares from restricted stock units (RSUs), 1,860 shares from RSUs, and 14,788 shares from performance share units.
  • Wensveen also disposed of 9,070 shares at a price of $85.05.
  • Following these transactions, Wensveen beneficially owns 24,147 ordinary shares directly and holds derivative securities including 2,337 RSUs, 14,880 RSUs, and 44,363 performance share units.

Sentiment

Score: 5

Explanation: This is a neutral report of share transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of share transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.

Key Dates

DateDescription
08/15/2022Date exercisable for 25% of original number of shares for 2,337 RSUs.
08/15/2023Date exercisable for 25% of original number of shares for 1,860 RSUs.
08/15/2024Date of earliest transaction and vesting of shares; Date exercisable for 25% of original number of shares for 14,788 Performance Share Units.
08/15/2025Expiration date for 2,337 RSUs.
08/15/2026Expiration date for 1,860 RSUs.
08/15/2027Expiration date for 14,788 Performance Share Units.

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