CPI Card Group Inc. — Director's Dealing 2018

May 30, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CPI Card Group Inc. (PMTS)
CIK: 0001641614
Period of Report: 2018-05-25

Reporting Person: Fulton Diane (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-25	Common Stock	M	5000	—	Acquired	7815	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-25	Restricted Stock Units	$0	M	5000	Disposed		Common Stock (5000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1600	Indirect

Footnotes

F1: Vesting of restricted stock units ("RSUs") granted to the Reporting Person on May 25, 2017.

F2: Number of securities represented takes into effect 1-for-5 reverse stock split which was effected on December 20, 2017.

F3: Each RSU represents a contingent right to receive one share of the Issuer's common stock.

F4: 100% of the RSUs vested on May 25, 2018, subject to the continuing employment of the Reporting Person on such vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.