SEC Form 4/A · accession 0001104659-16-144903
CPI Card Group Inc. · PMTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Chris Bakke
Officer — Vice President & Controller
Period of report
Mar 2, 2016
Accepted (ET)
Sep 15, 2016 · 5:50 pm EDT
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 | Oct 8, 2017 | Oct 8, 2025 | Common Stock | 7,500 | 32,500 | 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 October 8, 2015.
Remarks
The reporting person initially filed a Form 4 on March 4, 2016 (the "Initial Form 4") reporting the grant of stock options in the amount of 7,500 shares of common stock, which inadvertently reported the incorrect vesting dates. This amendment is being filed to correct the date that the stock options become exercisable, which will occur on October 8, 2017.