<SEC-DOCUMENT>0001567619-19-021803.txt : 20191118
<SEC-HEADER>0001567619-19-021803.hdr.sgml : 20191118
<ACCEPTANCE-DATETIME>20191118200139
ACCESSION NUMBER:		0001567619-19-021803
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20191114
FILED AS OF DATE:		20191118
DATE AS OF CHANGE:		20191118

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SHEINBAUM MARC
		CENTRAL INDEX KEY:			0001605873

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37584
		FILM NUMBER:		191228821

	MAIL ADDRESS:	
		STREET 1:		24 DEERFIELD ROAD
		CITY:			CHAPPAQUA
		STATE:			NY
		ZIP:			10514

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CPI Card Group Inc.
		CENTRAL INDEX KEY:			0001641614
		STANDARD INDUSTRIAL CLASSIFICATION:	SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153]
		IRS NUMBER:				260344657
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		10026 WEST SAN JUAN WAY
		CITY:			LITTLETON
		STATE:			CO
		ZIP:			80127
		BUSINESS PHONE:		303-973-9311

	MAIL ADDRESS:	
		STREET 1:		10026 WEST SAN JUAN WAY
		CITY:			LITTLETON
		STATE:			CO
		ZIP:			80127

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CPI Holdings I, Inc.
		DATE OF NAME CHANGE:	20150506
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>doc1.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0206</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2019-11-14</periodOfReport>

    <noSecuritiesOwned>1</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001641614</issuerCik>
        <issuerName>CPI Card Group Inc.</issuerName>
        <issuerTradingSymbol>PMTS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001605873</rptOwnerCik>
            <rptOwnerName>SHEINBAUM MARC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O CPI CARD GROUP INC.</rptOwnerStreet1>
            <rptOwnerStreet2>10026 WEST SAN JUAN WAY</rptOwnerStreet2>
            <rptOwnerCity>LITTLETON</rptOwnerCity>
            <rptOwnerState>CO</rptOwnerState>
            <rptOwnerZipCode>80127</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable></nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes></footnotes>

    <remarks>Exhibit 24.1: Power of Attorney</remarks>

    <ownerSignature>
        <signatureName>/s/ Sarah Kilgore as attorney-in-fact for Marc Sheinbaum</signatureName>
        <signatureDate>2019-11-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-24.1
<SEQUENCE>2
<FILENAME>shaunbaum_poa.htm
<TEXT>
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    <title></title>
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        <div>
          <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">POWER OF ATTORNEY</div>
          <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">Know all by these presents, that the undersigned hereby constitutes and appoints each of Loretta Frasier, Kevin O&#8217;Brien and Sarah Kilgore, signing singly, the undersigned&#8217;s
            true and lawful attorney-in-fact to:</div>
          <div>
            <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" cellpadding="0" cellspacing="0">

                <tr>
                  <td style="width: 36pt; vertical-align: top; align: right;">
                    <div style="text-align: left; margin-left: 18pt;">1.</div>
                  </td>
                  <td style="width: auto; vertical-align: top;">
                    <div style="text-align: justify;">Execute for and on behalf of the undersigned, in the undersigned&#8217;s capacity as an officer and/or director of CPI Card Group Inc. (the &#8220;Company&#8221;), Forms 3, 4 and 5 in accordance with Section 16(a) of the
                      Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder, and the initial insider report, subsequent insider reports and all other forms and reports if required to be filed on SEDI in accordance with
                      National Instrument 55-102 &#8211; <font style="font-style: italic;">System for Electronic Disclosure by Insiders (SEDI)</font> and National Instrument 55-104 &#8211; <font style="font-style: italic;">Insider Reporting Requirements and
                        Exemptions</font> (collectively, the &#8220;Canadian Insider Reports&#8221;);</div>
                    <div style="text-align: justify;"> <br>
                    </div>
                  </td>
                </tr>

            </table>
          </div>
          <div>
            <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" cellpadding="0" cellspacing="0">

                <tr>
                  <td style="width: 36pt; vertical-align: top; align: right;">
                    <div style="text-align: left; margin-left: 18pt;">2.</div>
                  </td>
                  <td style="width: auto; vertical-align: top;">
                    <div style="text-align: justify;">Do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, 5 or Canadian Insider Reports, complete and execute
                      any amendment or amendments thereto and timely file such form with the United States Securities and Exchange Commission, any national quotation system, national securities exchange, stock exchange or similar authority and on SEDI; and</div>
                    <div style="text-align: justify;"> <br>
                    </div>
                  </td>
                </tr>

            </table>
          </div>
          <div>
            <table style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%;" class="DSPFListTable" cellpadding="0" cellspacing="0">

                <tr>
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                    <div style="text-align: left; margin-left: 18pt;">3.</div>
                  </td>
                  <td style="width: auto; vertical-align: top;">
                    <div style="text-align: justify;">Take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of or legally required by the
                      undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such
                      attorney-in-fact may approve in such attorney-in-fact&#8217;s discretion.</div>
                    <div style="text-align: justify;"> <br>
                    </div>
                  </td>
                </tr>

            </table>
          </div>
          <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">The undersigned hereby grants to the attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be
            done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or evocation, hereby ratifying and confirming
            all that such attorney-in-fact, or such attorney-in-fact&#8217;s substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the
            foregoing attorney-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned&#8217;s responsibilities to comply with Section 16 of the Securities Exchange Act of 1934
            or the applicable Canadian securities legislation.</div>
          <div style="text-align: justify; text-indent: 36pt; margin-bottom: 12pt;">This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, 5 and Canadian Insider Reports with respect to
            the undersigned&#8217;s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorney-in-fact.</div>
          <div style="text-align: center; margin-bottom: 12pt;">[<font style="font-style: italic;">Signature page follows</font>]</div>
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          <div style="margin-bottom: 12pt;"><br>
          </div>
          <div style="text-align: justify; text-indent: 36pt; margin-bottom: 36pt;">IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 7th day of November, 2019.</div>
          <div style="margin-left: 216pt;">By: <u>/s/ Marc Sheinbaum &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </u></div>
          <div style="margin-left: 216pt;">&#160;&#160;&#160;&#160;&#160;&#160; Marc Sheinbaum<u><br>
            </u></div>
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</DOCUMENT>
</SEC-DOCUMENT>
