Parallel49 Equity, ULC - Apr 5, 2024 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Role
10%+ Owner
Signature
/s/ Parallel49 Equity, ULC By: John Westerman, Managing Director
Stock symbol
PMTS
Transactions as of
Apr 5, 2024
Transactions value $
-$4,404,004
Form type
4
Date filed
4/15/2024, 01:51 PM
Next filing
Jul 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PMTS Common Stock Sale -$4.4M -244K -3.72% $18.03 6.31M Apr 5, 2024 See footnote F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were repurchased pursuant to that certain Stock Repurchase Agreement between Reporting Person and Issuer dated December 6, 2023.
F2 On December 18, 2017, Issuer filed with the Secretary of State of the State of Delaware a Certificate of Amendment to the Company's Third Amended and Restated Certificate of Incorporation to effect a one-for-five (1-for-5) reverse stock split as of December 20, 2017. The most recent Form 4 filed by Reporting Person dated October 15, 2015 reflected 32,794,131 pre-split shares, allocated to Tricor Pacific Capital Partners (Fund IV), LP and Tricor Pacific Capital Partners (Fund IV) US, LP in the amounts of 20,621,843 and 12,172,288, respectively, which equated to 4,124,368 and 2,434,457 post-split shares, respectively, or 6,558,825 post-split shares in the aggregate.
F3 153,631 shares reported on this line were sold by Tricor Pacific Capital Partners (Fund IV), LP, following which sale, Tricor Pacific Capital Partners (Fund IV), LP holds 3,970,737 shares of common stock of the Company. 90,683 shares reported on this line were sold by Tricor Pacific Capital Partners (Fund IV) US, LP, following which sale, Tricor Pacific Capital Partners (Fund IV) US, LP holds 2,343,774 shares of common stock of the Company. Each of Tricor Pacific Capital Partners (Fund IV), LP and Tricor Pacific Capital Partners (Fund IV) US, LP (together, the "Tricor Funds") is managed by Parallel49 Equity, ULC (formerly Tricor Pacific Capital Partners (Fund IV), ULC), as the general partner.
F4 Bradley Seaman, David Rowntree, J. Trevor Johnstone and Roderick Senft are the sole members of an investment committee of the Tricor Funds that has the power to vote or dispose of the shares held by the Tricor Funds. Each member of the investment committee expressly disclaims any beneficial ownership of any shares of common stock held by the Tricor Funds.