Margaret Elizabeth O'Leary - Nov 29, 2024 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Role: EVP, Prepaid & Digital Solut.
Signature: /s/ Jessica Browne, attorney-in-fact
Stock symbol: PMTS
Transactions as of: Nov 29, 2024
Transactions value $: -$45,059
Form type: 4
Date filed: 12/3/2024, 07:13 PM
Previous filing: Sep 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PMTS	Common Stock	Options Exercise		+4.75K	+36.58%		17.7K	Nov 30, 2024	Direct	F1
transaction	PMTS	Common Stock	Tax liability	-$45.1K	-1.37K	-7.7%	$33.01	16.4K	Nov 30, 2024	Direct	F2
holding	PMTS	Common Stock						500	Nov 29, 2024	By Spouse

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	+1.83K		$0.00	1.83K	Nov 29, 2024	Common Stock	1.83K		Direct	F1, F3
transaction	PMTS	Restricted Stock Units	Options Exercise	$0	-1.04K	-50.02%	$0.00	1.04K	Nov 30, 2024	Common Stock	1.04K		Direct	F1, F4
transaction	PMTS	Restricted Stock Units	Options Exercise	$0	-3.7K	-33.34%	$0.00	7.41K	Nov 30, 2024	Common Stock	3.7K		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 November 29, 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 November 30, 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 November 30, 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.