Is the "pull a card" misbehavior in front of class okay?

The "pull a card" thing is a set of 4 cards for each student labeled with the student's number of the class list and is a popular way in many schools of tracking students' misbehavior for the lower grades instead of writing it down on a clipboard. The teacher would ask that student to pull a card for each quite significant misbehavior, and when asked to do so, the student goes to towards those cards, specifically his number, pulls up the card that is in front, and places it behind all of those cards. Each card is in a different color, and on the side, it represents what each next color represents as a consequence and the student's standing "label" of the day like: no cards pulled- excellent: one card pulled- okay/fair and warning: two cards pulled- poor and loss of recess: three cards pulled- needs improvement and call home. The grade labeled on the 2nd question for the answers represents the level they are at in school in United States and Canada while the other thing that says year_ represents the level that they are in school in Britain, Australia, and New Zealand.