secwatch.observer — SEC 8-K summary
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Issuer:     CPI Card Group Inc. (PMTS)
CIK:        0001641614
Form:       8-K
Filed at:   2021-09-24T23:59:59+00:00
Accession:  0001104659-21-119318
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

CPI Card Group grants $1.15M equity award to CEO Scheirman, $275K to Lowe
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- CEO Scheirman receives $1.15M grant-date fair value equity (50% RSUs, 50% options).
- COO Lowe receives $275K grant-date fair value equity (same structure).
- Awards vest in equal annual installments over two years; acceleration on death, disability, change-in-control termination, or retirement.
- Awards cover long-term incentive period until next annual equity grant expected Q1 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1641614/000110465921119318/0001104659-21-119318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1641614/000110465921119318/tm2128440d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-119318

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer