Scott Scheirman - 02 Oct 2022 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Role
President & CEO, Director
Signature
/s/ Sarah Kilgore, attorney-in-fact
Issuer symbol
PMTS
Transactions as of
02 Oct 2022
Net transactions value
-$379,548
Form type
4
Filing time
04 Oct 2022, 16:34:35 UTC
Previous filing
23 Sep 2022
Next filing
04 Apr 2023
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 +54,757 +469% 66,434 02 Oct 2022 Direct F1
transaction PMTS Common Stock Tax liability $379,548 -24,083 -36% $15.76 42,351 02 Oct 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 -54,757 -100% $0.000000* 0 02 Oct 2022 Common Stock 54,757 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.