Bakke Chris 4
4 · CPI Card Group Inc. · Filed Mar 26, 2018
Insider Transaction Report
Form 4
Bakke Chris
Vice President & Controller
Transactions
- Disposition to Issuer
Common Stock
2018-03-22$0.50/sh−10,662$5,331→ 4,054 total - Exercise/Conversion
Cash Performance Units
2018-03-22−10,662→ 21,261 total→ Common Stock (10,662 underlying) - Exercise/Conversion
Common Stock
2018-03-22+10,662→ 14,716 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.