Williams Sarah Elizabeth 4
4 · CPI Card Group Inc. · Filed Jun 4, 2024
Insider Transaction Report
Form 4
Williams Sarah Elizabeth
Chief Technology Officer
Transactions
- Exercise/Conversion
Common Stock
2024-05-31+308→ 6,278 total - Award
Restricted Stock Units
2024-05-31+907→ 907 total→ Common Stock (907 underlying) - Tax Payment
Common Stock
2024-05-31$26.19/sh−73$1,912→ 6,205 total - Exercise/Conversion
Restricted Stock Units
2024-05-31−308→ 307 total→ Common Stock (308 underlying)
Footnotes (4)
- [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.