JOHN LOWE - 21 Sep 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: 21 Sep 2023
Net transactions value: -$12,278
Form type: 4
Filing time: 22 Sep 2023, 20:10:49 UTC
Previous filing: 05 Sep 2023
Next filing: 10 Oct 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PMTS	Common Stock	Options Exercise		+2,326	+21%		13,352	21 Sep 2023	Direct	F1
transaction	PMTS	Common Stock	Tax liability	$12,278	-675	-5.1%	$18.19	12,677	21 Sep 2023	Direct	F2

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	Options Exercise	$0	-2,326	-100%	$0.000000^*	0	21 Sep 2023	Common Stock	2,326		Direct	F1, F3

* 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	Shares withheld by the Issuer to satisfy the mandatory tax withholding requirement upon vesting of RSUs. Not an open market sale of securities.
F3	This line reports the remaining 50% of the RSUs that were awarded on the September 21, 2021 award date, which vested on the second anniversary of the award date.