SEC Form 4 · accession 0001104659-16-102763
CPI Card Group Inc. · PMTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Chris Bakke
Officer — Vice President & Controller
Period of report
Mar 2, 2016
Accepted (ET)
Mar 4, 2016 · 9:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001641614
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $10.00 | Mar 2, 2016 | A | 7,500 | A | Dec 8, 2017 | Dec 8, 2025 | Common Stock | 7,500 | 32,500 | D |
| Restricted Stock UnitsF2,F3 | — | Mar 2, 2016 | A | 3,161 | A | — | — | Common Stock | 3,161 | 3,161 | D |
Explanation of responses
- F1Date at which first vesting occurs is indicated. Subject to the insider's continued employment, approximately one third (1/3) of the original options granted will vest on each of the second, third and fourth anniversaries of December 8, 2015.
- F2Each Restricted Stock Unit represents the right to receive one CPI Card Group Inc. common share upon vesting of such Restricted Stock Unit.
- F3The Restricted Stock Units vest on the first anniversary of the March 2, 2016 grant date.