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CPI Card Group Inc. — Director's Dealing 2024
Jun 5, 2024
33818_dirs_2024-06-04_a86b34e3-46d7-474c-87d4-f0c0b71322a1.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: 2024-05-31
Reporting Person: Lowe John Daniel (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-31 | Common Stock | M | 821 | — | Acquired | 13866 | Direct |
| 2024-05-31 | Common Stock | F | 362 | $26.19 | Disposed | 13504 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-31 | Restricted Stock Units | $ | A | 14297 | Acquired | Common Stock (14297) | Direct | |
| 2024-05-31 | Restricted Stock Units | $ | M | 821 | Disposed | Common Stock (821) | Direct |
Footnotes
F1: Each restricted stock unit ("RSU") represents the right to receive one common share of the 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: 33.4% of the RSUs reported on this line vest on the first anniversary of the May 31, 2024 award date, 33.3% will vest on the second anniversary of the award date, and 33.3% will vest on the third 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: This line reports 50% of the RSUs that were awarded on the May 31, 2023 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.