CPI Card Group Inc. 4
4 · CPI Card Group Inc. · Filed Mar 24, 2017
Insider Transaction Report
Form 4
Rossetti Anna
President-CPI Canada
Transactions
- Award
Cash Performance Units
2017-03-22+40,221→ 40,221 totalExp: 2020-03-22→ Common Stock (40,221 underlying) - Award
Restricted Stock Units
2017-03-22+3,051→ 3,051 total→ Common Stock (3,051 underlying) - Award
Stock Option (Right to Buy)
2017-03-22+19,809→ 19,809 totalExercise: $4.35Exp: 2027-03-22→ Common Stock (19,809 underlying)
Footnotes (4)
- [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).