Donna Abbey Carmignani - Mar 31, 2023 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Signature
/s/ Sarah Kilgore, attorney-in-fact
Stock symbol
PMTS
Transactions as of
Mar 31, 2023
Transactions value $
-$18,004
Form type
4
Date filed
4/4/2023, 07:12 PM
Previous filing
Apr 4, 2022
Next filing
May 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PMTS Common Stock Options Exercise +1.38K 1.38K Mar 31, 2023 Direct F1
transaction PMTS Common Stock Tax liability -$18K -400 -29.01% $45.01 979 Mar 31, 2023 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 -1.38K -50% $0.00 1.38K Mar 31, 2023 Common Stock 1.38K Direct F1, F3
transaction PMTS Restricted Stock Units Award $0 +423 $0.00 423 Mar 31, 2023 Common Stock 423 Direct F1, F4
transaction PMTS Stock Option (Right to Buy) Award $0 +203 $0.00 203 Mar 31, 2023 Common Stock 203 $45.01 Direct F5
* 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 This line reports 50% of the RSUs that were awarded on the March 31, 2022 award date, which vested on the first anniversary of the award date. The remaining 50% will 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.
F4 50% of the RSUs reported on this line vest on the first anniversary of the March 31, 2023 award date, and 50% will 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.
F5 50% of the options reported on this line vest on the first anniversary of the March 31, 2023 award date, and 50% will 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.