Williams Sarah Elizabeth 4
4 · CPI Card Group Inc. · Filed Jun 11, 2024
Insider Transaction Report
Form 4
Williams Sarah Elizabeth
Chief Technology Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-06-09−1,700→ 3,396 total→ Common Stock (1,700 underlying) - Exercise/Conversion
Common Stock
2024-06-09+1,700→ 7,905 total - Tax Payment
Common Stock
2024-06-09$27.65/sh−408$11,281→ 7,497 total
Footnotes (3)
- [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]This line reports 33.4 % of the RSUs that were awarded on the June 9, 2023 award date, which vested on the first anniversary of the award date. The remaining 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.