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CPI Card Group Inc. — Director's Dealing 2017
Mar 24, 2017
33818_dirs_2017-03-24_21e3b4d6-347a-449c-ba29-c37668cd9a3d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CPI Card Group Inc. (PMTS)
CIK: 0001641614
Period of Report: 2017-03-22
Reporting Person: Cahn Nicholas (Managing Dir.-CPI Europe)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-22 | Stock Option (Right to Buy) | $4.35 | A | 19809 | Acquired | 2027-03-22 | Common Stock (19809) | Direct |
| 2017-03-22 | Restricted Stock Units | $ | A | 3051 | Acquired | Common Stock (3051) | Direct | |
| 2017-03-22 | Cash Performance Units | $ | A | 40221 | Acquired | 2020-03-22 | Common Stock (40221) | Direct |
Footnotes
F1: One-third (1/3) of the original options awarded will vest on each of the first, second and third anniversaries of the March 22, 2017 award date.
F2: Each restricted stock unit represents the right to receive one CPI Card Group Inc. common share upon vesting of such restricted stock unit.
F3: The restricted stock units vest on the third anniversary of the March 22, 2017 award date.
F4: The cash performance units are performance-based awards that will settle in cash, in an amount between 50% and 200% of the target award value, based on the performance of the Company's stock price during each of three performance sub-periods (from the grant date through each of the first, second and third anniversaries of the grant date).