Jeffrey A. Hochstadt - May 15, 2024 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Role
Chief Financial Officer
Signature
/s/ Jessica Browne, attorney-in-fact
Stock symbol
PMTS
Transactions as of
May 15, 2024
Transactions value $
-$25,256
Form type
4
Date filed
5/17/2024, 07:31 PM
Previous filing
Apr 2, 2024
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PMTS Common Stock Options Exercise +3.47K 3.47K May 15, 2024 Direct F1
transaction PMTS Common Stock Tax liability -$25.3K -1.01K -28.99% $25.13 2.46K May 15, 2024 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 -3.47K -50% $0.00 3.47K May 15, 2024 Common Stock 3.47K 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 Issuer to satisfy the mandatory tax withholding requirement upon vesting of RSUs. Not an open market sale of securities.
F3 This line reports 50% of the RSUs that were awarded on the May 15, 2023 award date, which vested on the first anniversary of the award date. The remaining 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.