Sarah Elizabeth Williams - 02 Oct 2022 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Role: Chief Technology Officer
Signature: /s/ Sarah Kilgore, attorney-in-fact
Issuer symbol: PMTS
Transactions as of: 02 Oct 2022
Net transactions value: -$17,825
Form type: 4
Filing time: 04 Oct 2022, 16:31:26 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		+4,642	+277%		6,315	02 Oct 2022	Direct	F1
transaction	PMTS	Common Stock	Tax liability	$17,825	-1,131	-18%	$15.76	5,184	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	+4,642		$0.000000^*	0	02 Oct 2022	Common Stock	4,642		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 4,642 RSUs reported on this line vested on the second anniversary of the October 2, 2020 award date.