Jeffrey A. Hochstadt - Aug 30, 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: Aug 30, 2024
Transactions value $: -$28,955
Form type: 4
Date filed: 9/4/2024, 07:42 PM
Previous filing: Jun 11, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PMTS	Common Stock	Options Exercise		+3.51K	+77.67%		8.04K	Aug 31, 2024	Direct	F1
transaction	PMTS	Common Stock	Tax liability	-$29K	-1.01K	-12.58%	$28.64	7.03K	Aug 31, 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	Award	$0	+3.12K		$0.00	3.12K	Aug 30, 2024	Common Stock	3.12K		Direct	F1, F3
transaction	PMTS	Restricted Stock Units	Options Exercise	$0	-1.04K	-50.02%	$0.00	1.04K	Aug 31, 2024	Common Stock	1.04K		Direct	F1, F4
transaction	PMTS	Restricted Stock Units	Options Exercise	$0	-2.47K	-33.36%	$0.00	4.94K	Aug 31, 2024	Common Stock	2.47K		Direct	F1, F5

* 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	33.4% of the RSUs reported on this line vest on the first anniversary of the August 30, 2024 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	This line reports 50% of the RSUs that were awarded on the August 31, 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.
F5	This line reports 33.4 % of the RSUs that were awarded on the August 31, 2023 award date, which vested on the first anniversary of the award date. The subsequent 33.3% will vest on the second anniversary of the award date, and the remaining 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.