JOHN LOWE - 21 Sep 2021 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Role
CFO
Signature
/s/ Sarah Kilgore, attorney-in-fact
Issuer symbol
PMTS
Transactions as of
21 Sep 2021
Transactions value $
$0
Form type
4
Filing time
23 Sep 2021, 20:31:02 UTC
Next filing
07 Oct 2021
SEC
View on sec.gov

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 +4.65K $0.00 4.65K 21 Sep 2021 Common Stock 4.65K Direct F1, F2
transaction PMTS Stock Option (Right to Buy) Award $0 +7.89K $0.00 7.89K 21 Sep 2021 Common Stock 7.89K $29.62 Direct 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 Issuer upon vesting of such RSU.
F2 50% of the RSUs reported on this line vest on the first anniversary of the September 21, 2021 award date and 50% 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.
F3 50% of the options reported on this line vest on the first anniversary of the September 21, 2021 award date and 50% 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.