JOHN LOWE - 25 Jan 2024 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

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	+40,000		$0.000000	40,000	25 Jan 2024	Common Stock	40,000		Direct	F1, F2
transaction	PMTS	Performance Stock Units	Award	$0	+60,000		$0.000000	60,000	25 Jan 2024	Common Stock	60,000		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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	100% of the RSUs reported on this line vest on the fourth anniversary of the January 25, 2024 award date, subject to the reporting person's continued service through such date.
F3	Each performance stock unit ("PSU") represents a contingent right to receive one common share of the Issuer upon vesting of such PSU.
F4	The PSUs reported on this line vest in equal one-third increments upon the attainment of the rolling weighted average closing price of the Issuer's common shares equaling or exceeding each of $35.00, $50.00 and $65.00, in each case, for at least 90 consecutive trading days during the five-year performance period commencing on the January 25, 2024 award date, subject to the reporting person's continued service through such date.