Sonya Vollmer - Jan 31, 2023 Form 4 Insider Report for CPI Card Group Inc. (PMTS)

Role: Chief Human Resources Officer
Signature: /s/ Sarah Kilgore, attorney-in-fact
Stock symbol: PMTS
Transactions as of: Jan 31, 2023
Transactions value $: -$3,846
Form type: 4
Date filed: 2/2/2023, 04:20 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		+353	+83.06%		778	Jan 31, 2023	Direct	F1
transaction	PMTS	Common Stock	Tax liability	-$3.85K	-105	-13.5%	$36.63	673	Jan 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	-353	-50.07%	$0.00	352	Jan 31, 2023	Common Stock	353		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	This line reports 50% of the RSUs that were awarded on the January 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.