Scott Scheirman - Jun 9, 2023 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Role
President & CEO, Director
Signature
/s/ Jessica Browne, attorney-in-fact
Stock symbol
PMTS
Transactions as of
Jun 9, 2023
Transactions value $
$0
Form type
4
Date filed
6/13/2023, 08:41 PM
Previous filing
Jun 2, 2023
Next filing
Sep 5, 2023

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 +31.6K $0.00 31.6K Jun 9, 2023 Common Stock 31.6K Direct F1, F2
transaction PMTS Stock Option (Right to Buy) Award $0 +27.5K $0.00 27.5K Jun 9, 2023 Common Stock 27.5K $23.03 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 June 9, 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.
F3 50% of the options reported on this line vest on the first anniversary of the June 9, 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.