Sarah Elizabeth Williams - 30 Nov 2023 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Role
Chief Technology Officer
Signature
/s/ Jessica Browne, attorney-in-fact
Issuer symbol
PMTS
Transactions as of
30 Nov 2023
Net transactions value
$0
Form type
4
Filing time
04 Dec 2023, 20:05:45 UTC
Previous filing
22 Sep 2023
Next filing
02 Apr 2024
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 +1,190 $0.000000 1,190 30 Nov 2023 Common Stock 1,190 Direct F1, F2
transaction PMTS Restricted Stock Units Award $0 +8,465 $0.000000 8,465 30 Nov 2023 Common Stock 8,465 Direct F1, F3
transaction PMTS Stock Option (Right to Buy) Award $0 +568 $0.000000 568 30 Nov 2023 Common Stock 568 $17.79 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 November 30, 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 November 30, 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 November 30, 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.