Bakke Chris 4
4 · CPI Card Group Inc. · Filed Sep 27, 2017
Insider Transaction Report
Form 4
Bakke Chris
Vice President & Controller
Transactions
- Award
Stock Option (Right to Buy)
2017-09-25+50,000→ 50,000 totalExercise: $1.05From: 2018-09-25Exp: 2027-09-25→ Common Stock (50,000 underlying)
Footnotes (2)
- [F1]The grant of 22,124 options is contingent upon receipt and effectiveness of approval by the Company's stockholders of an amendment to the CPI Card Group Inc. Omnibus Incentive Plan to, among other things, increase the number of shares available for issuance thereunder.
- [F2]Date at which first vesting occurs is indicated. One-third (1/3) of the original options awarded will vest on each of the first, second and third anniversaries of the September 25, 2017 award date.