Cahn Nicholas 4
4 · CPI Card Group Inc. · Filed Mar 26, 2018
Insider Transaction Report
Form 4
Cahn Nicholas
Managing Dir.-CPI Europe
Transactions
- Disposition to Issuer
Common Stock
2018-03-22$0.50/sh−13,434$6,717→ 52,204 total - Exercise/Conversion
Cash Performance Units
2018-03-22−13,434→ 26,787 total→ Common Stock (13,434 underlying) - Exercise/Conversion
Common Stock
2018-03-22+13,434→ 65,638 total
Footnotes (2)
- [F1]This disposition to the issuer reflects the settlement of approximately 1/3 of the performance units in cash.
- [F2]Each performance unit vested on March 22, 2018 and entitled the reporting person to receive a cash payment equal to the target value of $1.00 per unit, subject to adjustment based on the issuer's stock price performance.