Scott Scheirman - Oct 2, 2022 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Role
President & CEO, Director
Signature
/s/ Sarah Kilgore, attorney-in-fact
Stock symbol
PMTS
Transactions as of
Oct 2, 2022
Transactions value $
-$379,548
Form type
4
Date filed
10/4/2022, 04:34 PM
Previous filing
Sep 23, 2022
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PMTS Common Stock Options Exercise +54.8K +468.93% 66.4K Oct 2, 2022 Direct F1
transaction PMTS Common Stock Tax liability -$380K -24.1K -36.25% $15.76 42.4K Oct 2, 2022 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 -54.8K -100% $0.00* 0 Oct 2, 2022 Common Stock 54.8K 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 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 The 54,757 RSUs reported on this line vested on the second anniversary of the October 2, 2020 award date.