Jeffrey Hochstadt - 29 Mar 2025 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Role
Chief Financial Officer
Signature
/s/ Jessica Browne, attorney-in-fact
Issuer symbol
PMTS
Transactions as of
29 Mar 2025
Net transactions value
-$13,507
Form type
4
Filing time
01 Apr 2025, 19:39:55 UTC
Previous filing
03 Dec 2024
Next filing
16 May 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PMTS Common Stock Options Exercise +1,629 +15% 12,228 29 Mar 2025 Direct F1
transaction PMTS Common Stock Tax liability $13,507 -469 -3.8% $28.80 11,759 29 Mar 2025 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 -1,629 -33% $0.000000 3,252 29 Mar 2025 Common Stock 1,629 Direct F1, F3
transaction PMTS Restricted Stock Units Award $0 +3,306 $0.000000 3,306 31 Mar 2025 Common Stock 3,306 Direct F1, F4
* 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 33.4 % of the RSUs that were awarded on the March 29, 2024 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.
F4 33.4% of the RSUs reported on this line vest on the first anniversary of the March 31, 2025 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 provide for in the applicable award agreement.