JOHN LOWE - 31 Aug 2023 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Role
EVP End-to-End Solutions
Signature
/s/ Jessica Browne, attorney-in-fact
Issuer symbol
PMTS
Transactions as of
31 Aug 2023
Net transactions value
$0
Form type
4
Filing time
05 Sep 2023, 20:14:08 UTC
Previous filing
13 Jun 2023
Next filing
22 Sep 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PMTS Restricted Stock Units Award $0 +2,225 $0.000000 2,225 31 Aug 2023 Common Stock 2,225 Direct F1, F2
transaction PMTS Restricted Stock Units Award $0 +11,866 $0.000000 11,866 31 Aug 2023 Common Stock 11,866 Direct F1, F3
transaction PMTS Stock Option (Right to Buy) Award $0 +1,302 $0.000000 1,302 31 Aug 2023 Common Stock 1,302 $20.67 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the right to receive one common share of the Issuer upon vesting of such RSU.
F2 50% of the RSUs reported on this line vest on the first anniversary of the August 31, 2023 award date, and 50% will vest on the second anniversary of the award date, subject to the reporting person's continued service through such date or as otherwise provided for in the applicable award agreement.
F3 33.4% of the RSUs reported on this line vest on the first anniversary of the August 31, 2023 award date, 33.3% will vest on the second anniversary of the award date, and 33.3% will vest on the third anniversary of the award date, subject to the reporting person's continued service through such date or as otherwise provided for in the applicable award agreement.
F4 50% of the options reported on this line vest on the first anniversary of the August 31, 2023 award date, and 50% will vest on the second anniversary of the award date, subject to the reporting person's continued service through such date or as otherwise provided for in the applicable award agreement.